PPP Loan information for Adam ruess

$20,800

Adam ruess was initially approved for PPP Loan of amount $20,800, the current approved amount is $20,800. The loan was approved on 04/01/2021 by The Farmers & Merchants Savings Bank reported 1 jobs and $20,800 was used to fund payroll.

Adam ruess is Existing or more than 2 years old

PPP Loan Search / IA / Lone Tree / Adam ruess

ADAM RUESS

Date Approved

04/01/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

ADAM RUESS

Borrower Address

407 S Riggs St

Borrower City

Lone Tree

Borrower State

IA

Borrower Zip

52755-9752

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20800.00

Current Approval Amount

20800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25202

Servicing Lender Name

Farmers & Merchants Savings Bank

Servicing Lender Address

2235 Mormon Trek Blvd

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52246-4436

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lone Tree

Project County Name

JOHNSON

Project State

IA

Project Zip

52755-9752

CD

IA-01

Jobs Reported

1

NAICS Code

238140

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

20796.00

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

Sole Proprietorship

Originating Lender Location Id

25202

Originating Lender

Farmers & Merchants Savings Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20871.80

Forgiveness Date

08/11/2021

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