PPP Loan information for Crop rite inc

$50,427

Crop rite inc was initially approved for PPP Loan of amount $50,427, the current approved amount is $50,427. The loan was approved on 04/08/2020 by The GNB Bank reported 3 jobs and $50,427 was used to fund payroll.

Crop rite inc is Existing or more than 2 years old

CROP RITE INC

Date Approved

04/08/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

CROP RITE INC

Borrower Address

2061 242ND ST

Borrower City

MARSHALLTOWN

Borrower State

IA

Borrower Zip

50158-9137

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50427.00

Current Approval Amount

50427.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25057

Servicing Lender Name

GNB Bank

Servicing Lender Address

529 G Ave

Servicing Lender City

GRUNDY CENTER

Servicing Lender State

IA

Servicing Lender Zip

50638-1651

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARSHALLTOWN

Project County Name

MARSHALL

Project State

IA

Project Zip

50158-9137

CD

IA-04

Jobs Reported

3

NAICS Code

115116

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

50427.00

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

25057

Originating Lender

GNB Bank

Originating Lender City

GRUNDY CENTER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

50801.00

Forgiveness Date

01/07/2021

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