PPP Loan information for Iowa agricultural biofibers, llc

$59,890

Iowa agricultural biofibers, llc was initially approved for PPP Loan of amount $59,890, the current approved amount is $59,890. The loan was approved on 04/13/2020 by The Farmers Trust & Savings Bank reported 7 jobs and $59,890 was used to fund payroll.

Iowa agricultural biofibers, llc is Existing or more than 2 years old

PPP Loan Search / IA / HARLAN / Iowa agricultural biofibers, llc

IOWA AGRICULTURAL BIOFIBERS, LLC

Date Approved

04/13/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

IOWA AGRICULTURAL BIOFIBERS, LLC

Borrower Address

1918 900TH ST

Borrower City

HARLAN

Borrower State

IA

Borrower Zip

51537-5701

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

59890.00

Current Approval Amount

59890.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24951

Servicing Lender Name

Farmers Trust & Savings Bank

Servicing Lender Address

122 Main St

Servicing Lender City

EARLING

Servicing Lender State

IA

Servicing Lender Zip

51530

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HARLAN

Project County Name

SHELBY

Project State

IA

Project Zip

51537-5701

CD

IA-04

Jobs Reported

7

NAICS Code

311119

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

59890.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

24951

Originating Lender

Farmers Trust & Savings Bank

Originating Lender City

EARLING

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

53216.15

Forgiveness Date

11/25/2020

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