PPP Loan information for Institute for responsible technology

$27,727

Institute for responsible technology was initially approved for PPP Loan of amount $27,727, the current approved amount is $27,727. The loan was approved on 04/10/2020 by The MidWestOne Bank reported 2 jobs and $27,727 was used to fund payroll.

Institute for responsible technology is Existing or more than 2 years old

INSTITUTE FOR RESPONSIBLE TECHNOLOGY

Date Approved

04/10/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

INSTITUTE FOR RESPONSIBLE TECHNOLOGY

Borrower Address

200 W BROADWAY PO BOX 469

Borrower City

FAIRFIELD

Borrower State

IA

Borrower Zip

52556-0008

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

27727.00

Current Approval Amount

27727.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIRFIELD

Project County Name

JEFFERSON

Project State

IA

Project Zip

52556-0008

CD

IA-01

Jobs Reported

2

NAICS Code

813312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

22182.00

Mortgage Interest Proceed

5545.00

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

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

27959.60

Forgiveness Date

02/19/2021

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