PPP Loan information for Generation next child development center

$1,108,032

Generation next child development center was initially approved for PPP Loan of amount $1,108,032, the current approved amount is $1,108,032. The loan was approved on 04/08/2020 by The Two Rivers Bank & Trust reported 133 jobs and $1,108,032 was used to fund payroll.

Generation next child development center is Existing or more than 2 years old

GENERATION NEXT CHILD DEVELOPMENT CENTER

Date Approved

04/08/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

GENERATION NEXT CHILD DEVELOPMENT CENTER

Borrower Address

6109 Merle Hay Road

Borrower City

ANKENY

Borrower State

IA

Borrower Zip

50023-1334

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1108032.00

Current Approval Amount

1108032.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434140

Servicing Lender Name

Two Rivers Bank & Trust

Servicing Lender Address

222 N Main St

Servicing Lender City

BURLINGTON

Servicing Lender State

IA

Servicing Lender Zip

52601-5214

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANKENY

Project County Name

POLK

Project State

IA

Project Zip

50023-1334

CD

IA-03

Jobs Reported

133

NAICS Code

624410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1108032.00

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

434140

Originating Lender

Two Rivers Bank & Trust

Originating Lender City

BURLINGTON

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1118866.09

Forgiveness Date

04/08/2021

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