PPP Loan information for Iowa municipal insurance, ltd

$39,700

Iowa municipal insurance, ltd was initially approved for PPP Loan of amount $39,700, the current approved amount is $39,700. The loan was approved on 04/10/2020 by The Bank Iowa reported 2 jobs and $39,700 was used to fund payroll.

Iowa municipal insurance, ltd is Existing or more than 2 years old

IOWA MUNICIPAL INSURANCE, LTD

Date Approved

04/10/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

IOWA MUNICIPAL INSURANCE, LTD

Borrower Address

506 MAIN ST

Borrower City

DAKOTA CITY

Borrower State

IA

Borrower Zip

50529-5065

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

39700.00

Current Approval Amount

39700.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DAKOTA CITY

Project County Name

HUMBOLDT

Project State

IA

Project Zip

50529-5065

CD

IA-04

Jobs Reported

2

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6000.00

Payroll Proceed

31700.00

Mortgage Interest Proceed

0.00

Rent Proceed

2000.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

39987.82

Forgiveness Date

01/07/2021

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