PPP Loan information for Ackley floor covering inc

$195,800

Ackley floor covering inc was initially approved for PPP Loan of amount $195,800, the current approved amount is $195,800. The loan was approved on 04/16/2020 by The Hills Bank and Trust Company reported 18 jobs and $195,800 was used to fund payroll.

Ackley floor covering inc is Existing or more than 2 years old

ACKLEY FLOOR COVERING INC

Date Approved

04/16/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

ACKLEY FLOOR COVERING INC

Borrower Address

910 2ND AVE SW

Borrower City

CEDAR RAPIDS

Borrower State

IA

Borrower Zip

52404-1862

Loan Status Date

11/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

195800.00

Current Approval Amount

195800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25080

Servicing Lender Name

Hills Bank and Trust Company

Servicing Lender Address

131 Main St

Servicing Lender City

HILLS

Servicing Lender State

IA

Servicing Lender Zip

52235

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CEDAR RAPIDS

Project County Name

LINN

Project State

IA

Project Zip

52404-1862

CD

IA-02

Jobs Reported

18

NAICS Code

238330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

195800.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25080

Originating Lender

Hills Bank and Trust Company

Originating Lender City

HILLS

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

198035.38

Forgiveness Date

06/10/2021

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