PPP Loan information for Evolution driveline, llc

$257,500

Evolution driveline, llc was initially approved for PPP Loan of amount $257,500, the current approved amount is $257,500. The loan was approved on 04/05/2020 by The Iowa State Bank reported 33 jobs and $257,500 was used to fund payroll.

Evolution driveline, llc is New Business or 2 years or less

PPP Loan Search / IA / ALGONA / Evolution driveline, llc

EVOLUTION DRIVELINE, LLC

Date Approved

04/05/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

EVOLUTION DRIVELINE, LLC

Borrower Address

405 Diagonal Street

Borrower City

ALGONA

Borrower State

IA

Borrower Zip

50511-2001

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

257500.00

Current Approval Amount

257500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24540

Servicing Lender Name

Iowa State Bank

Servicing Lender Address

5 E Call St

Servicing Lender City

ALGONA

Servicing Lender State

IA

Servicing Lender Zip

50511-2402

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ALGONA

Project County Name

KOSSUTH

Project State

IA

Project Zip

50511-2001

CD

IA-04

Jobs Reported

33

NAICS Code

336390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

257500.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

24540

Originating Lender

Iowa State Bank

Originating Lender City

ALGONA

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

260318.19

Forgiveness Date

05/13/2021

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