PPP Loan information for Community housing initiatives, inc.

$451,500

Community housing initiatives, inc. was initially approved for PPP Loan of amount $451,500, the current approved amount is $451,500. The loan was approved on 04/03/2020 by The Northwest Bank reported 33 jobs and $451,500 was used to fund payroll.

Community housing initiatives, inc. is Existing or more than 2 years old

COMMUNITY HOUSING INITIATIVES, INC.

Date Approved

04/03/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

COMMUNITY HOUSING INITIATIVES, INC.

Borrower Address

14 W 21st St Box 473

Borrower City

SPENCER

Borrower State

IA

Borrower Zip

51301-2209

Loan Status Date

Loan Status

Exemption 4

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

451500.00

Current Approval Amount

451500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82664

Servicing Lender Name

Northwest Bank

Servicing Lender Address

705 Grand Ave

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-3707

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPENCER

Project County Name

CLAY

Project State

IA

Project Zip

51301-2209

CD

IA-04

Jobs Reported

33

NAICS Code

531110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

11288.00

Payroll Proceed

428925.00

Mortgage Interest Proceed

11287.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

82664

Originating Lender

Northwest Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;