PPP Loan information for Central iowa recovery

$172,900

Central iowa recovery was initially approved for PPP Loan of amount $172,900, the current approved amount is $172,900. The loan was approved on 04/10/2020 by The First State Bank reported 18 jobs and $172,900 was used to fund payroll.

Central iowa recovery is New Business or 2 years or less

CENTRAL IOWA RECOVERY

Date Approved

04/10/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

CENTRAL IOWA RECOVERY

Borrower Address

500 FAIR MEADOW DR

Borrower City

WEBSTER CITY

Borrower State

IA

Borrower Zip

50595-3189

Loan Status Date

Loan Status

Exemption 4

Term

39

SBA Guaranty Percentage

100

Initial Approval Amount

172900.00

Current Approval Amount

172900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25569

Servicing Lender Name

First State Bank

Servicing Lender Address

505 Second St

Servicing Lender City

WEBSTER CITY

Servicing Lender State

IA

Servicing Lender Zip

50595-1507

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

WEBSTER CITY

Project County Name

HAMILTON

Project State

IA

Project Zip

50595-3189

CD

IA-04

Jobs Reported

18

NAICS Code

621330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

172900.00

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

25569

Originating Lender

First State Bank

Originating Lender City

WEBSTER CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

164469.82

Forgiveness Date

07/22/2021

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