PPP Loan information for Adel tv., and appliance co.

$94,900

Adel tv., and appliance co. was initially approved for PPP Loan of amount $94,900, the current approved amount is $94,900. The loan was approved on 04/06/2020 by The Raccoon Valley Bank reported 13 jobs and $94,900 was used to fund payroll.

Adel tv., and appliance co. is Existing or more than 2 years old

ADEL TV., AND APPLIANCE CO.

Date Approved

04/06/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

ADEL TV., AND APPLIANCE CO.

Borrower Address

916 MAIN ST

Borrower City

ADEL

Borrower State

IA

Borrower Zip

50003-1451

Loan Status Date

08/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

94900.00

Current Approval Amount

94900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25374

Servicing Lender Name

Raccoon Valley Bank

Servicing Lender Address

1202 2nd St

Servicing Lender City

PERRY

Servicing Lender State

IA

Servicing Lender Zip

50220-1506

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ADEL

Project County Name

DALLAS

Project State

IA

Project Zip

50003-1451

CD

IA-03

Jobs Reported

13

NAICS Code

443141

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

94900.00

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

25374

Originating Lender

Raccoon Valley Bank

Originating Lender City

PERRY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

95975.53

Forgiveness Date

06/03/2021

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