PPP Loan information for Boomerang corp

$1,336,500

Boomerang corp was initially approved for PPP Loan of amount $1,172,400, the current approved amount is $1,336,500. The loan was approved on 04/04/2020 by The Cedar Rapids Bank and Trust Company reported 85 jobs and $1,336,500 was used to fund payroll.

Boomerang corp is Existing or more than 2 years old

BOOMERANG CORP

Date Approved

04/04/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

BOOMERANG CORP

Borrower Address

12536 BUFFALO RD

Borrower City

ANAMOSA

Borrower State

IA

Borrower Zip

52205-7637

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1172400.00

Current Approval Amount

1336500.00

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

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ANAMOSA

Project County Name

JONES

Project State

IA

Project Zip

52205-7637

CD

IA-01

Jobs Reported

85

NAICS Code

238910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1336500.00

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

238179

Originating Lender

Cedar Rapids Bank and Trust Company

Originating Lender City

Cedar Rapids

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1346672.25

Forgiveness Date

01/25/2021

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