PPP Loan information for Iowa foundation for microenterprise & community vitality

$56,503

Iowa foundation for microenterprise & community vitality was initially approved for PPP Loan of amount $56,503, the current approved amount is $56,503. The loan was approved on 03/31/2021 by The First National Bank Ames, Iowa reported 5 jobs and $56,503 was used to fund payroll.

Iowa foundation for microenterprise & community vitality is Existing or more than 2 years old

IOWA FOUNDATION FOR MICROENTERPRISE & COMMUNITY VITALITY

Date Approved

03/31/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

IOWA FOUNDATION FOR MICROENTERPRISE & COMMUNITY VITALITY

Borrower Address

915 8th St

Borrower City

Boone

Borrower State

IA

Borrower Zip

50036-2921

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

56502.50

Current Approval Amount

56502.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24544

Servicing Lender Name

First National Bank Ames, Iowa

Servicing Lender Address

405 5th St

Servicing Lender City

AMES

Servicing Lender State

IA

Servicing Lender Zip

50010-6103

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Boone

Project County Name

BOONE

Project State

IA

Project Zip

50036-2921

CD

IA-04

Jobs Reported

5

NAICS Code

541618

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

56501.50

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

Non-Profit Organization

Originating Lender Location Id

24544

Originating Lender

First National Bank Ames, Iowa

Originating Lender City

AMES

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

56740.89

Forgiveness Date

09/08/2021

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