PPP Loan information for Employer's service bureau inc.

$931,000

Employer's service bureau inc. was initially approved for PPP Loan of amount $931,000, the current approved amount is $931,000. The loan was approved on 04/03/2020 by The Citizens First Bank reported 189 jobs and $931,000 was used to fund payroll.

Employer's service bureau inc. is Existing or more than 2 years old

EMPLOYER'S SERVICE BUREAU INC.

Date Approved

04/03/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

EMPLOYER'S SERVICE BUREAU INC.

Borrower Address

1663 LINCOLN WAY

Borrower City

CLINTON

Borrower State

IA

Borrower Zip

52732-7018

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

931000.00

Current Approval Amount

931000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124516

Servicing Lender Name

Citizens First Bank

Servicing Lender Address

1442 Lincolnway

Servicing Lender City

CLINTON

Servicing Lender State

IA

Servicing Lender Zip

52732-7043

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLINTON

Project County Name

CLINTON

Project State

IA

Project Zip

52732-7018

CD

IA-01

Jobs Reported

189

NAICS Code

812990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

116377.00

Payroll Proceed

698262.00

Mortgage Interest Proceed

0.00

Rent Proceed

116361.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

124516

Originating Lender

Citizens First Bank

Originating Lender City

CLINTON

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

940054.93

Forgiveness Date

03/31/2021

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