PPP Loan information for Benchmark, inc.

$1,933,700

Benchmark, inc. was initially approved for PPP Loan of amount $1,933,700, the current approved amount is $1,933,700. The loan was approved on 04/07/2020 by The Farmers State Bank reported 108 jobs and $1,933,700 was used to fund payroll.

Benchmark, inc. is Existing or more than 2 years old

BENCHMARK, INC.

Date Approved

04/07/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

BENCHMARK, INC.

Borrower Address

6065 HUNTINGTON CT

Borrower City

CEDAR RAPIDS

Borrower State

IA

Borrower Zip

52402-1272

Loan Status Date

08/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1933700.00

Current Approval Amount

1933700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25235

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

1240 8th Ave

Servicing Lender City

MARION

Servicing Lender State

IA

Servicing Lender Zip

52302-3504

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CEDAR RAPIDS

Project County Name

LINN

Project State

IA

Project Zip

52402-1272

CD

IA-02

Jobs Reported

108

NAICS Code

541990

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

193370.00

Payroll Proceed

1546960.00

Mortgage Interest Proceed

0.00

Rent Proceed

193370.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

25235

Originating Lender

Farmers State Bank

Originating Lender City

MARION

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1958676.96

Forgiveness Date

07/27/2021

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