PPP Loan information for Cornelius seed corn co.

$487,400

Cornelius seed corn co. was initially approved for PPP Loan of amount $487,400, the current approved amount is $487,400. The loan was approved on 04/05/2020 by The Maquoketa State Bank reported 28 jobs and $487,400 was used to fund payroll.

Cornelius seed corn co. is Existing or more than 2 years old

CORNELIUS SEED CORN CO.

Date Approved

04/05/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

CORNELIUS SEED CORN CO.

Borrower Address

14760 317TH AVE

Borrower City

BELLEVUE

Borrower State

IA

Borrower Zip

52031-9185

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

487400.00

Current Approval Amount

487400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25227

Servicing Lender Name

Maquoketa State Bank

Servicing Lender Address

203 N Main St

Servicing Lender City

MAQUOKETA

Servicing Lender State

IA

Servicing Lender Zip

52060-2204

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BELLEVUE

Project County Name

JACKSON

Project State

IA

Project Zip

52031-9185

CD

IA-01

Jobs Reported

28

NAICS Code

111150

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10000.00

Payroll Proceed

410000.00

Mortgage Interest Proceed

67400.00

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

25227

Originating Lender

Maquoketa State Bank

Originating Lender City

MAQUOKETA

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

491192.37

Forgiveness Date

01/20/2021

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