Date Approved
04/07/2020
SBA Office Code
0761
Processing Method
PPP
Borrower Name
IOWA DRAINAGE, INC.
Borrower Address
1602 250th Street
Borrower City
SHEFFIELD
Borrower State
IA
Borrower Zip
50475-7710
Loan Status Date
02/04/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
193070.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
25065
Servicing Lender Name
First Bank Hampton
Servicing Lender Address
211 First Ave NW
Servicing Lender City
HAMPTON
Servicing Lender State
Servicing Lender Zip
50441-1706
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
FRANKLIN
Project State
Project Zip
CD
IA-04
Jobs Reported
17
NAICS Code
115112
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
4746.00
Payroll Proceed
165154.00
Mortgage Interest Proceed
Rent Proceed
10000.00
Refinance EIDL Proceed
Health Care Proceed
13170.00
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
194582.82
Forgiveness Date
01/28/2021