Date Approved
04/06/2020
SBA Office Code
0761
Processing Method
PPP
Borrower Name
FRANZENBURG, LLC
Borrower Address
2301 DEAN AVE
Borrower City
DES MOINES
Borrower State
IA
Borrower Zip
50317-2245
Loan Status Date
12/17/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
499490.00
Current Approval Amount
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
Servicing Lender Zip
50669
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
POLK
Project State
Project Zip
CD
IA-03
Jobs Reported
28
NAICS Code
811310
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
7606.82
Payroll Proceed
347868.00
Mortgage Interest Proceed
35919.34
Rent Proceed
70373.96
Refinance EIDL Proceed
Health Care Proceed
37721.88
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
502391.15
Forgiveness Date
11/20/2020