PPP Loan information for Foster heating and air conditi

$272,500

Foster heating and air conditi was initially approved for PPP Loan of amount $290,500, the current approved amount is $272,500. The loan was approved on 04/08/2020 by The Farmers State Bank reported 23 jobs and $272,500 was used to fund payroll.

Foster heating and air conditi is Existing or more than 2 years old

PPP Loan Search / IA / MARION / Foster heating and air conditi

FOSTER HEATING AND AIR CONDITI

Date Approved

04/08/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

FOSTER HEATING AND AIR CONDITI

Borrower Address

1040 E POST RD

Borrower City

MARION

Borrower State

IA

Borrower Zip

52302-5200

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

290500.00

Current Approval Amount

272500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25235

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

1240 8th Ave

Servicing Lender City

MARION

Servicing Lender State

IA

Servicing Lender Zip

52302-3504

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARION

Project County Name

LINN

Project State

IA

Project Zip

52302-5200

CD

IA-02

Jobs Reported

23

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

272500.00

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

25235

Originating Lender

Farmers State Bank

Originating Lender City

MARION

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

274006.32

Forgiveness Date

11/03/2020

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