PPP Loan information for Gregs lawn service, inc

$503,300

Gregs lawn service, inc was initially approved for PPP Loan of amount $503,300, the current approved amount is $503,300. The loan was approved on 04/04/2020 by The Farmers State Bank reported 79 jobs and $503,300 was used to fund payroll.

Gregs lawn service, inc is Existing or more than 2 years old

GREGS LAWN SERVICE, INC

Date Approved

04/04/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

GREGS LAWN SERVICE, INC

Borrower Address

1200 CONTINENTAL PL

Borrower City

CEDAR RAPIDS

Borrower State

IA

Borrower Zip

52402-2031

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

503300.00

Current Approval Amount

503300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25235

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

1240 8th Ave

Servicing Lender City

MARION

Servicing Lender State

IA

Servicing Lender Zip

52302-3504

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CEDAR RAPIDS

Project County Name

LINN

Project State

IA

Project Zip

52402-2031

CD

IA-02

Jobs Reported

79

NAICS Code

561730

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10000.00

Payroll Proceed

423300.00

Mortgage Interest Proceed

0.00

Rent Proceed

50000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

20000

Business Type

Subchapter S Corporation

Originating Lender Location Id

25235

Originating Lender

Farmers State Bank

Originating Lender City

MARION

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

509395.52

Forgiveness Date

06/25/2021

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