PPP Loan information for First mainstreet insurance, lc

$616,500

First mainstreet insurance, lc was initially approved for PPP Loan of amount $616,500, the current approved amount is $616,500. The loan was approved on 04/11/2020 by The MidWestOne Bank reported 61 jobs and $616,500 was used to fund payroll.

First mainstreet insurance, lc is Existing or more than 2 years old

PPP Loan Search / IA / CEDAR RAPIDS / First mainstreet insurance, lc

FIRST MAINSTREET INSURANCE, LC

Date Approved

04/11/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

FIRST MAINSTREET INSURANCE, LC

Borrower Address

500 1st Street SE

Borrower City

CEDAR RAPIDS

Borrower State

IA

Borrower Zip

52401-1314

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

616500.00

Current Approval Amount

616500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

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

52401-1314

CD

IA-02

Jobs Reported

61

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

38531.25

Payroll Proceed

462375.00

Mortgage Interest Proceed

38531.25

Rent Proceed

38531.25

Refinance EIDL Proceed

0.00

Health Care Proceed

38531.25

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

623983.62

Forgiveness Date

07/06/2021

;