PPP Loan information for American family

$27,000

American family was initially approved for PPP Loan of amount $6,200, the current approved amount is $27,000. The loan was approved on 04/06/2020 by The Clear Lake Bank & Trust Company reported 24 jobs and $27,000 was used to fund payroll.

American family is Existing or more than 2 years old

AMERICAN FAMILY

Date Approved

04/06/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

AMERICAN FAMILY

Borrower Address

2019 S FEDERAL AVE

Borrower City

MASON CITY

Borrower State

IA

Borrower Zip

50401-6726

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6200.00

Current Approval Amount

27000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24776

Servicing Lender Name

Clear Lake Bank & Trust Company

Servicing Lender Address

322 Main Ave

Servicing Lender City

CLEAR LAKE

Servicing Lender State

IA

Servicing Lender Zip

50428-1825

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MASON CITY

Project County Name

CERRO GORDO

Project State

IA

Project Zip

50401-6726

CD

IA-02

Jobs Reported

24

NAICS Code

524210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3200.00

Payroll Proceed

22000.00

Mortgage Interest Proceed

0.00

Rent Proceed

1800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

24776

Originating Lender

Clear Lake Bank & Trust Company

Originating Lender City

CLEAR LAKE

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

27198.75

Forgiveness Date

01/07/2021

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