PPP Loan information for Future line limited liability company

$226,761

Future line limited liability company was initially approved for PPP Loan of amount $226,761, the current approved amount is $226,761. The loan was approved on 03/06/2021 by The Farmers & Merchants Savings Bank reported 18 jobs and $226,761 was used to fund payroll.

Future line limited liability company is Existing or more than 2 years old

PPP Loan Search / IA / Cedar Rapids / Future line limited liability company

FUTURE LINE LIMITED LIABILITY COMPANY

Date Approved

03/06/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

FUTURE LINE LIMITED LIABILITY COMPANY

Borrower Address

550 60th Ave SW

Borrower City

Cedar Rapids

Borrower State

IA

Borrower Zip

52404-1236

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

226761.00

Current Approval Amount

226761.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25211

Servicing Lender Name

Farmers & Merchants Savings Bank

Servicing Lender Address

101 E Main St

Servicing Lender City

MANCHESTER

Servicing Lender State

IA

Servicing Lender Zip

52057-1736

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Cedar Rapids

Project County Name

LINN

Project State

IA

Project Zip

52404-1236

CD

IA-02

Jobs Reported

18

NAICS Code

336211

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

226759.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

25211

Originating Lender

Farmers & Merchants Savings Bank

Originating Lender City

MANCHESTER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

229274.27

Forgiveness Date

04/14/2022

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