PPP Loan information for Innovative ag services co.

$4,900,000

Innovative ag services co. was initially approved for PPP Loan of amount $4,700,000, the current approved amount is $4,900,000. The loan was approved on 04/06/2020 by The First Citizens Bank reported 250 jobs and $4,900,000 was used to fund payroll.

Innovative ag services co. is Existing or more than 2 years old

INNOVATIVE AG SERVICES CO.

Date Approved

04/06/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

INNOVATIVE AG SERVICES CO.

Borrower Address

2010 MAIN ST

Borrower City

MONTICELLO

Borrower State

IA

Borrower Zip

52310-7707

Loan Status Date

06/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4700000.00

Current Approval Amount

4900000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24732

Servicing Lender Name

First Citizens Bank

Servicing Lender Address

2601 4th St SW

Servicing Lender City

MASON CITY

Servicing Lender State

IA

Servicing Lender Zip

50401-4650

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MONTICELLO

Project County Name

JONES

Project State

IA

Project Zip

52310-7707

CD

IA-01

Jobs Reported

250

NAICS Code

926140

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

612500.00

Payroll Proceed

3675000.00

Mortgage Interest Proceed

0.00

Rent Proceed

612500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

24732

Originating Lender

First Citizens Bank

Originating Lender City

MASON CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4955125.00

Forgiveness Date

05/28/2021

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