PPP Loan information for Iowa beverage systems, inc.

$3,404,000

Iowa beverage systems, inc. was initially approved for PPP Loan of amount $3,404,000, the current approved amount is $3,404,000. The loan was approved on 04/07/2020 by The Bank Iowa reported 315 jobs and $3,404,000 was used to fund payroll.

Iowa beverage systems, inc. is Existing or more than 2 years old

PPP Loan Search / IA / DES MOINES / Iowa beverage systems, inc.

IOWA BEVERAGE SYSTEMS, INC.

Date Approved

04/07/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

IOWA BEVERAGE SYSTEMS, INC.

Borrower Address

2115 NE 58TH AVE

Borrower City

DES MOINES

Borrower State

IA

Borrower Zip

50313-1633

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3404000.00

Current Approval Amount

3404000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24768

Servicing Lender Name

Bank Iowa

Servicing Lender Address

1150 Jordan Creek Pkwy

Servicing Lender City

WEST DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50266-5831

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DES MOINES

Project County Name

POLK

Project State

IA

Project Zip

50313-1633

CD

IA-03

Jobs Reported

315

NAICS Code

424820

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2553000.00

Mortgage Interest Proceed

0.00

Rent Proceed

851000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

24768

Originating Lender

Bank Iowa

Originating Lender City

WEST DES MOINES

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3443997.00

Forgiveness Date

06/15/2021

;