PPP Loan information for Farver true value newton, inc.

$70,500

Farver true value newton, inc. was initially approved for PPP Loan of amount $70,500, the current approved amount is $70,500. The loan was approved on 04/07/2020 by The Bank Iowa reported 14 jobs and $70,500 was used to fund payroll.

Farver true value newton, inc. is Existing or more than 2 years old

PPP Loan Search / IA / NEWTON / Farver true value newton, inc.

FARVER TRUE VALUE NEWTON, INC.

Date Approved

04/07/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

FARVER TRUE VALUE NEWTON, INC.

Borrower Address

2617 1ST AVE E

Borrower City

NEWTON

Borrower State

IA

Borrower Zip

50208-2700

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

70500.00

Current Approval Amount

70500.00

Undisbursed Amount

0.00

Franchise Name

True Value Company LLC - Member Agreement

Servicing Lender Location Id

24768

Servicing Lender Name

Bank Iowa

Servicing Lender Address

1150 Jordan Creek Pkwy

Servicing Lender City

WEST DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50266-5831

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWTON

Project County Name

JASPER

Project State

IA

Project Zip

50208-2700

CD

IA-01

Jobs Reported

14

NAICS Code

444130

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

70500.00

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

Subchapter S Corporation

Originating Lender Location Id

24768

Originating Lender

Bank Iowa

Originating Lender City

WEST DES MOINES

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

71022.88

Forgiveness Date

01/07/2021

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