PPP Loan information for Garrels business enterprises, llc

$155,500

Garrels business enterprises, llc was initially approved for PPP Loan of amount $155,500, the current approved amount is $155,500. The loan was approved on 04/07/2020 by The Farmers State Bank reported 25 jobs and $155,500 was used to fund payroll.

Garrels business enterprises, llc is Existing or more than 2 years old

GARRELS BUSINESS ENTERPRISES, LLC

Date Approved

04/07/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

GARRELS BUSINESS ENTERPRISES, LLC

Borrower Address

14225 UNIVERSITY AVE

Borrower City

WAUKEE

Borrower State

IA

Borrower Zip

50263-8042

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

155500.00

Current Approval Amount

155500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25124

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

131 Tower Park Dr, Ste 100

Servicing Lender City

WATERLOO

Servicing Lender State

IA

Servicing Lender Zip

50701-9374

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAUKEE

Project County Name

DALLAS

Project State

IA

Project Zip

50263-8042

CD

IA-03

Jobs Reported

25

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

155500.00

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

25124

Originating Lender

Farmers State Bank

Originating Lender City

WATERLOO

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

156955.65

Forgiveness Date

03/18/2021

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