PPP Loan information for Handrail inc

$168,600

Handrail inc was initially approved for PPP Loan of amount $168,600, the current approved amount is $168,600. The loan was approved on 04/14/2020 by The MidWestOne Bank reported 7 jobs and $168,600 was used to fund payroll.

Handrail inc is New Business or 2 years or less

HANDRAIL INC

Date Approved

04/14/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

HANDRAIL INC

Borrower Address

2658 Crosspark Road, Suite 200

Borrower City

CORALVILLE

Borrower State

IA

Borrower Zip

52241

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

168600.00

Current Approval Amount

168600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

CORALVILLE

Project County Name

JOHNSON

Project State

IA

Project Zip

52241-0001

CD

IA-01

Jobs Reported

7

NAICS Code

511210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10537.50

Payroll Proceed

126450.00

Mortgage Interest Proceed

10537.50

Rent Proceed

10537.50

Refinance EIDL Proceed

0.00

Health Care Proceed

10537.50

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

170431.18

Forgiveness Date

05/21/2021

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