PPP Loan information for Area residential care, inc.

$1,102,000

Area residential care, inc. was initially approved for PPP Loan of amount $1,102,000, the current approved amount is $1,102,000. The loan was approved on 06/03/2020 by The MidWestOne Bank reported 169 jobs and $1,102,000 was used to fund payroll.

Area residential care, inc. is Existing or more than 2 years old

AREA RESIDENTIAL CARE, INC.

Date Approved

06/03/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

AREA RESIDENTIAL CARE, INC.

Borrower Address

3355 Kennedy Circle

Borrower City

Dubuque

Borrower State

IA

Borrower Zip

52002-3860

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1102000.00

Current Approval Amount

1102000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Dubuque

Project County Name

DUBUQUE

Project State

IA

Project Zip

52002-3860

CD

IA-02

Jobs Reported

169

NAICS Code

623210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1102000.00

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

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1109499.72

Forgiveness Date

02/09/2021

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