PPP Loan information for Friends of faith retirement homes, inc

$1,696,235

Friends of faith retirement homes, inc was initially approved for PPP Loan of amount $1,696,235, the current approved amount is $1,696,235. The loan was approved on 04/07/2020 by The BankIowa reported 274 jobs and $1,696,235 was used to fund payroll.

Friends of faith retirement homes, inc is Existing or more than 2 years old

PPP Loan Search / IA / WATERLOO / Friends of faith retirement homes, inc

FRIENDS OF FAITH RETIREMENT HOMES, INC

Date Approved

04/07/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

FRIENDS OF FAITH RETIREMENT HOMES, INC

Borrower Address

600 PARK LANE

Borrower City

WATERLOO

Borrower State

IA

Borrower Zip

50703

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1696235.00

Current Approval Amount

1696235.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25325

Servicing Lender Name

BankIowa

Servicing Lender Address

7045 C Ave NE

Servicing Lender City

CEDAR RAPIDS

Servicing Lender State

IA

Servicing Lender Zip

52402-1378

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WATERLOO

Project County Name

BLACK HAWK

Project State

IA

Project Zip

50703-1000

CD

IA-02

Jobs Reported

274

NAICS Code

623311

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1696235.00

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

25325

Originating Lender

BankIowa

Originating Lender City

CEDAR RAPIDS

Originating Lender State

IA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1710794.35

Forgiveness Date

02/19/2021

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