PPP Loan information for Fuel, inc.

$50,000

Fuel, inc. was initially approved for PPP Loan of amount $82,400, the current approved amount is $50,000. The loan was approved on 04/09/2020 by The Farmers State Bank reported 6 jobs and $50,000 was used to fund payroll.

Fuel, inc. is Existing or more than 2 years old

FUEL, INC.

Date Approved

04/09/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

FUEL, INC.

Borrower Address

2603 180TH AVE

Borrower City

MANCHESTER

Borrower State

IA

Borrower Zip

52057-8547

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

82400.00

Current Approval Amount

50000.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MANCHESTER

Project County Name

DELAWARE

Project State

IA

Project Zip

52057-8547

CD

IA-02

Jobs Reported

6

NAICS Code

541430

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

8240.00

Payroll Proceed

33520.00

Mortgage Interest Proceed

0.00

Rent Proceed

8240.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

25235

Originating Lender

Farmers State Bank

Originating Lender City

MARION

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

50413.89

Forgiveness Date

02/10/2021

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