PPP Loan information for Acme restoration

$27,700

Acme restoration was initially approved for PPP Loan of amount $27,700, the current approved amount is $27,700. The loan was approved on 04/10/2020 by The Malvern Bank reported 4 jobs and $27,700 was used to fund payroll.

Acme restoration is New Business or 2 years or less

ACME RESTORATION

Date Approved

04/10/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

ACME RESTORATION

Borrower Address

1023 North 16th Street

Borrower City

COUNCIL BLUFFS

Borrower State

IA

Borrower Zip

51501-0132

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

27700.00

Current Approval Amount

27700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25210

Servicing Lender Name

Malvern Bank

Servicing Lender Address

404 Main St

Servicing Lender City

MALVERN

Servicing Lender State

IA

Servicing Lender Zip

51551

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

COUNCIL BLUFFS

Project County Name

POTTAWATTAMIE

Project State

IA

Project Zip

51501-0132

CD

IA-04

Jobs Reported

4

NAICS Code

811198

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

27700.00

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

Subchapter S Corporation

Originating Lender Location Id

25210

Originating Lender

Malvern Bank

Originating Lender City

MALVERN

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

27866.97

Forgiveness Date

11/20/2020

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