PPP Loan information for Area ambulance authority

$763,800

Area ambulance authority was initially approved for PPP Loan of amount $763,800, the current approved amount is $763,800. The loan was approved on 04/28/2020 by The Cedar Rapids Bank and Trust Company reported 75 jobs and $763,800 was used to fund payroll.

Area ambulance authority is Existing or more than 2 years old

AREA AMBULANCE AUTHORITY

Date Approved

04/28/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

AREA AMBULANCE AUTHORITY

Borrower Address

2730 12TH ST SW

Borrower City

CEDAR RAPIDS

Borrower State

IA

Borrower Zip

52404-4852

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

763800.00

Current Approval Amount

763800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

238179

Servicing Lender Name

Cedar Rapids Bank and Trust Company

Servicing Lender Address

500 1st Ave NE

Servicing Lender City

Cedar Rapids

Servicing Lender State

IA

Servicing Lender Zip

52401

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

52404-4852

CD

IA-02

Jobs Reported

75

NAICS Code

621910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

763800.00

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

Non-Profit Organization

Originating Lender Location Id

238179

Originating Lender

Cedar Rapids Bank and Trust Company

Originating Lender City

Cedar Rapids

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

769486.07

Forgiveness Date

01/28/2021

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