PPP Loan information for Cedar rapids country club

$647,825

Cedar rapids country club was initially approved for PPP Loan of amount $647,825, the current approved amount is $647,825. The loan was approved on 02/24/2021 by The Farmers & Merchants Savings Bank reported 52 jobs and $647,825 was used to fund payroll.

Cedar rapids country club is Existing or more than 2 years old

CEDAR RAPIDS COUNTRY CLUB

Date Approved

02/24/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

CEDAR RAPIDS COUNTRY CLUB

Borrower Address

550 27th Street Dr SE

Borrower City

Cedar Rapids

Borrower State

IA

Borrower Zip

52403-1636

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

647825.00

Current Approval Amount

647825.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25211

Servicing Lender Name

Farmers & Merchants Savings Bank

Servicing Lender Address

101 E Main St

Servicing Lender City

MANCHESTER

Servicing Lender State

IA

Servicing Lender Zip

52057-1736

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

52403-1636

CD

IA-02

Jobs Reported

52

NAICS Code

713910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

647823.00

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

25211

Originating Lender

Farmers & Merchants Savings Bank

Originating Lender City

MANCHESTER

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

652989.60

Forgiveness Date

12/14/2021

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