PPP Loan information for Covered bridges coffee company

$27,747

Covered bridges coffee company was initially approved for PPP Loan of amount $27,747, the current approved amount is $27,747. The loan was approved on 04/16/2020 by The Farmers State Bank reported 8 jobs and $27,747 was used to fund payroll.

Covered bridges coffee company is New Business or 2 years or less

PPP Loan Search / IA / WINTERSET / Covered bridges coffee company

COVERED BRIDGES COFFEE COMPANY

Date Approved

04/16/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

COVERED BRIDGES COFFEE COMPANY

Borrower Address

1217 N. 6TH AVE STE. 1

Borrower City

WINTERSET

Borrower State

IA

Borrower Zip

50273-1059

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

27746.55

Current Approval Amount

27746.55

Undisbursed Amount

0.00

Franchise Name

Cabin Coffee Co.

Servicing Lender Location Id

25044

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

99 N 7th St

Servicing Lender City

NORTHWOOD

Servicing Lender State

IA

Servicing Lender Zip

50459-1432

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

WINTERSET

Project County Name

MADISON

Project State

IA

Project Zip

50273-1059

CD

IA-03

Jobs Reported

8

NAICS Code

722515

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

27746.55

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

Subchapter S Corporation

Originating Lender Location Id

25044

Originating Lender

Farmers State Bank

Originating Lender City

NORTHWOOD

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

27919.87

Forgiveness Date

12/09/2020

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