PPP Loan information for Interstate management corporation

$83,300

Interstate management corporation was initially approved for PPP Loan of amount $93,300, the current approved amount is $83,300. The loan was approved on 04/06/2020 by The Iowa State Bank reported 12 jobs and $83,300 was used to fund payroll.

Interstate management corporation is Existing or more than 2 years old

PPP Loan Search / IA / ALGONA / Interstate management corporation

INTERSTATE MANAGEMENT CORPORATION

Date Approved

04/06/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

INTERSTATE MANAGEMENT CORPORATION

Borrower Address

600 Hwy 18 West

Borrower City

ALGONA

Borrower State

IA

Borrower Zip

50511-7230

Loan Status Date

01/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

93300.00

Current Approval Amount

83300.00

Undisbursed Amount

0.00

Franchise Name

AmericInn by Wyndham

Servicing Lender Location Id

24540

Servicing Lender Name

Iowa State Bank

Servicing Lender Address

5 E Call St

Servicing Lender City

ALGONA

Servicing Lender State

IA

Servicing Lender Zip

50511-2402

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALGONA

Project County Name

KOSSUTH

Project State

IA

Project Zip

50511-7230

CD

IA-04

Jobs Reported

12

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

83300.00

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

Subchapter S Corporation

Originating Lender Location Id

24540

Originating Lender

Iowa State Bank

Originating Lender City

ALGONA

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

83853.02

Forgiveness Date

12/09/2020

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