PPP Loan information for Design masters of spencer, inc.

$108,100

Design masters of spencer, inc. was initially approved for PPP Loan of amount $108,100, the current approved amount is $108,100. The loan was approved on 04/06/2020 by The Farmers Trust and Savings Bank reported 20 jobs and $108,100 was used to fund payroll.

Design masters of spencer, inc. is Existing or more than 2 years old

DESIGN MASTERS OF SPENCER, INC.

Date Approved

04/06/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

DESIGN MASTERS OF SPENCER, INC.

Borrower Address

407 1st Ave E

Borrower City

SPENCER

Borrower State

IA

Borrower Zip

51301-4002

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

108100.00

Current Approval Amount

108100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25490

Servicing Lender Name

Farmers Trust and Savings Bank

Servicing Lender Address

125 W 4th St

Servicing Lender City

Spencer

Servicing Lender State

IA

Servicing Lender Zip

51301-3815

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

51301-4002

CD

IA-04

Jobs Reported

20

NAICS Code

812112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

108100.00

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

25490

Originating Lender

Farmers Trust and Savings Bank

Originating Lender City

Spencer

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

108706.56

Forgiveness Date

11/03/2020

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