PPP Loan information for Central financial group, lc

$608,700

Central financial group, lc was initially approved for PPP Loan of amount $413,000, the current approved amount is $608,700. The loan was approved on 04/04/2020 by The Iowa State Bank reported 40 jobs and $608,700 was used to fund payroll.

Central financial group, lc is Existing or more than 2 years old

PPP Loan Search / IA / ALGONA / Central financial group, lc

CENTRAL FINANCIAL GROUP, LC

Date Approved

04/04/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

CENTRAL FINANCIAL GROUP, LC

Borrower Address

111 E Call St

Borrower City

ALGONA

Borrower State

IA

Borrower Zip

50511-2451

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

413000.00

Current Approval Amount

608700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24540

Servicing Lender Name

Iowa State Bank

Servicing Lender Address

5 E Call St

Servicing Lender City

ALGONA

Servicing Lender State

IA

Servicing Lender Zip

50511-2402

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALGONA

Project County Name

KOSSUTH

Project State

IA

Project Zip

50511-2451

CD

IA-04

Jobs Reported

40

NAICS Code

524210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

608700.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

24540

Originating Lender

Iowa State Bank

Originating Lender City

ALGONA

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

613282.16

Forgiveness Date

01/07/2021

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