PPP Loan information for Geothermal eco options inc

$94,695

Geothermal eco options inc was initially approved for PPP Loan of amount $94,695, the current approved amount is $94,695. The loan was approved on 04/07/2020 by The Luana Savings Bank reported 9 jobs and $94,695 was used to fund payroll.

Geothermal eco options inc is Existing or more than 2 years old

PPP Loan Search / IA / CRESCO / Geothermal eco options inc

GEOTHERMAL ECO OPTIONS INC

Date Approved

04/07/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

GEOTHERMAL ECO OPTIONS INC

Borrower Address

407 2ND AVE SW

Borrower City

CRESCO

Borrower State

IA

Borrower Zip

52136-1207

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

94695.47

Current Approval Amount

94695.47

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25205

Servicing Lender Name

Luana Savings Bank

Servicing Lender Address

100 Harvest Dr

Servicing Lender City

LUANA

Servicing Lender State

IA

Servicing Lender Zip

52156-4700

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CRESCO

Project County Name

HOWARD

Project State

IA

Project Zip

52136-1207

CD

IA-02

Jobs Reported

9

NAICS Code

237110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

9469.55

Payroll Proceed

75756.38

Mortgage Interest Proceed

9469.54

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

25205

Originating Lender

Luana Savings Bank

Originating Lender City

LUANA

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

86128.71

Forgiveness Date

10/15/2020

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