PPP Loan information for H.w. grout trust

$189,400

H.w. grout trust was initially approved for PPP Loan of amount $189,400, the current approved amount is $189,400. The loan was approved on 04/04/2020 by The Cedar Rapids Bank and Trust Company reported 22 jobs and $189,400 was used to fund payroll.

H.w. grout trust is Existing or more than 2 years old

H.W. GROUT TRUST

Date Approved

04/04/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

H.W. GROUT TRUST

Borrower Address

503 South Street

Borrower City

WATERLOO

Borrower State

IA

Borrower Zip

50701-1517

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

189400.00

Current Approval Amount

189400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

238179

Servicing Lender Name

Cedar Rapids Bank and Trust Company

Servicing Lender Address

500 1st Ave NE

Servicing Lender City

Cedar Rapids

Servicing Lender State

IA

Servicing Lender Zip

52401

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WATERLOO

Project County Name

BLACK HAWK

Project State

IA

Project Zip

50701-1517

CD

IA-02

Jobs Reported

22

NAICS Code

712110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

189400.00

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

238179

Originating Lender

Cedar Rapids Bank and Trust Company

Originating Lender City

Cedar Rapids

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

191041.47

Forgiveness Date

03/01/2021

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