PPP Loan information for Family medicine specialists pc

$414,915

Family medicine specialists pc was initially approved for PPP Loan of amount $414,915, the current approved amount is $414,915. The loan was approved on 03/12/2021 by The Farmers & Merchants Savings Bank reported 32 jobs and $414,915 was used to fund payroll.

Family medicine specialists pc is Existing or more than 2 years old

FAMILY MEDICINE SPECIALISTS PC

Date Approved

03/12/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

FAMILY MEDICINE SPECIALISTS PC

Borrower Address

500 8th Ave SE

Borrower City

Cedar Rapids

Borrower State

IA

Borrower Zip

52401-2134

Loan Status Date

06/26/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

414915.00

Current Approval Amount

414915.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25211

Servicing Lender Name

Farmers & Merchants Savings Bank

Servicing Lender Address

101 E Main St

Servicing Lender City

MANCHESTER

Servicing Lender State

IA

Servicing Lender Zip

52057-1736

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Cedar Rapids

Project County Name

LINN

Project State

IA

Project Zip

52401-2134

CD

IA-02

Jobs Reported

32

NAICS Code

621111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

414909.00

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

25211

Originating Lender

Farmers & Merchants Savings Bank

Originating Lender City

MANCHESTER

Originating Lender State

IA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

415963.81

Forgiveness Date

06/23/2021

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