PPP Loan information for Founders on main, inc.

$61,827

Founders on main, inc. was initially approved for PPP Loan of amount $61,827, the current approved amount is $61,827. The loan was approved on 04/09/2020 by The Lincoln Savings Bank reported 5 jobs and $61,827 was used to fund payroll.

Founders on main, inc. is Existing or more than 2 years old

PPP Loan Search / IA / BONDURANT / Founders on main, inc.

FOUNDERS ON MAIN, INC.

Date Approved

04/09/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

FOUNDERS ON MAIN, INC.

Borrower Address

110 1ST ST. SE

Borrower City

BONDURANT

Borrower State

IA

Borrower Zip

50035-2086

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

61827.00

Current Approval Amount

61827.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25416

Servicing Lender Name

Lincoln Savings Bank

Servicing Lender Address

508 Main Street PO Box E

Servicing Lender City

Reinbeck

Servicing Lender State

IA

Servicing Lender Zip

50669

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BONDURANT

Project County Name

POLK

Project State

IA

Project Zip

50035-2086

CD

IA-03

Jobs Reported

5

NAICS Code

722410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4865.00

Payroll Proceed

49462.00

Mortgage Interest Proceed

0.00

Rent Proceed

7500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25416

Originating Lender

Lincoln Savings Bank

Originating Lender City

Reinbeck

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

62308.06

Forgiveness Date

01/26/2021

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