PPP Loan information for Charles city area development corporation

$27,406

Charles city area development corporation was initially approved for PPP Loan of amount $27,406, the current approved amount is $27,406. The loan was approved on 02/03/2021 by The First Security Bank & Trust Company reported 2 jobs and $27,406 was used to fund payroll.

Charles city area development corporation is Existing or more than 2 years old

CHARLES CITY AREA DEVELOPMENT CORPORATION

Date Approved

02/03/2021

SBA Office Code

0761

Processing Method

PPP

Borrower Name

CHARLES CITY AREA DEVELOPMENT CORPORATION

Borrower Address

401 N Main St

Borrower City

Charles City

Borrower State

IA

Borrower Zip

50616-2021

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

27406.12

Current Approval Amount

27406.12

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24745

Servicing Lender Name

First Security Bank & Trust Company

Servicing Lender Address

809 Clark St

Servicing Lender City

CHARLES CITY

Servicing Lender State

IA

Servicing Lender Zip

50616-2217

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Charles City

Project County Name

FLOYD

Project State

IA

Project Zip

50616-2021

CD

IA-02

Jobs Reported

2

NAICS Code

926110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

27403.12

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

24745

Originating Lender

First Security Bank & Trust Company

Originating Lender City

CHARLES CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

27509.65

Forgiveness Date

06/28/2021

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