Date Approved
01/28/2021
SBA Office Code
0761
Processing Method
PPS
Borrower Name
CLOUD 9 ALTOONA INC
Borrower Address
3225 Adventureland Dr
Borrower City
Altoona
Borrower State
IA
Borrower Zip
50009-9571
Loan Status Date
03/18/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
133539.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Motel 6
Servicing Lender Location Id
25054
Servicing Lender Name
Grinnell State Bank
Servicing Lender Address
814 4th Ave
Servicing Lender City
GRINNELL
Servicing Lender State
Servicing Lender Zip
50112-2041
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
POLK
Project State
Project Zip
CD
IA-03
Jobs Reported
16
NAICS Code
721110
Race
Asian
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
133537.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
134562.80
Forgiveness Date
11/02/2021