PPP Loan information for Burlington short line railroad inc.

$903,605

Burlington short line railroad inc. was initially approved for PPP Loan of amount $903,605, the current approved amount is $903,605. The loan was approved on 01/28/2021 by The Two Rivers Bank & Trust reported 50 jobs and $903,605 was used to fund payroll.

Burlington short line railroad inc. is Existing or more than 2 years old

BURLINGTON SHORT LINE RAILROAD INC.

Date Approved

01/28/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

BURLINGTON SHORT LINE RAILROAD INC.

Borrower Address

200 Jefferson St

Borrower City

Burlington

Borrower State

IA

Borrower Zip

52601-5211

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

903605.00

Current Approval Amount

903605.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434140

Servicing Lender Name

Two Rivers Bank & Trust

Servicing Lender Address

222 N Main St

Servicing Lender City

BURLINGTON

Servicing Lender State

IA

Servicing Lender Zip

52601-5214

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Burlington

Project County Name

DES MOINES

Project State

IA

Project Zip

52601-5211

CD

IA-01

Jobs Reported

50

NAICS Code

488210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

903605.00

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

Subchapter S Corporation

Originating Lender Location Id

434140

Originating Lender

Two Rivers Bank & Trust

Originating Lender City

BURLINGTON

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

910306.74

Forgiveness Date

10/27/2021

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