PPP Loan information for Gehlen catholic school

$648,000

Gehlen catholic school was initially approved for PPP Loan of amount $648,000, the current approved amount is $648,000. The loan was approved on 04/03/2020 by The American Bank, National Association reported 61 jobs and $648,000 was used to fund payroll.

Gehlen catholic school is Existing or more than 2 years old

PPP Loan Search / IA / LE MARS / Gehlen catholic school

GEHLEN CATHOLIC SCHOOL

Date Approved

04/03/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

GEHLEN CATHOLIC SCHOOL

Borrower Address

709 PLYMOUTH ST

Borrower City

LE MARS

Borrower State

IA

Borrower Zip

51031-3701

Loan Status Date

04/02/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

648000.00

Current Approval Amount

648000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25420

Servicing Lender Name

American Bank, National Association

Servicing Lender Address

234 5th Ave SW

Servicing Lender City

LE MARS

Servicing Lender State

IA

Servicing Lender Zip

51031-1917

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LE MARS

Project County Name

PLYMOUTH

Project State

IA

Project Zip

51031-3701

CD

IA-04

Jobs Reported

61

NAICS Code

611110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10000.00

Payroll Proceed

638000.00

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

Non-Profit Organization

Originating Lender Location Id

25420

Originating Lender

American Bank, National Association

Originating Lender City

LE MARS

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

653041.97

Forgiveness Date

01/20/2021

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