PPP Loan information for Iowa regional utilities association

$767,000

Iowa regional utilities association was initially approved for PPP Loan of amount $767,000, the current approved amount is $767,000. The loan was approved on 04/08/2020 by The First Interstate Bank reported 62 jobs and $767,000 was used to fund payroll.

Iowa regional utilities association is Existing or more than 2 years old

PPP Loan Search / IA / NEWTON / Iowa regional utilities association

IOWA REGIONAL UTILITIES ASSOCIATION

Date Approved

04/08/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

IOWA REGIONAL UTILITIES ASSOCIATION

Borrower Address

1351 Iowa Speedway Drive

Borrower City

NEWTON

Borrower State

IA

Borrower Zip

50208-8254

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

767000.00

Current Approval Amount

767000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41844

Servicing Lender Name

First Interstate Bank

Servicing Lender Address

401 N 31st St

Servicing Lender City

BILLINGS

Servicing Lender State

MT

Servicing Lender Zip

59101-1200

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWTON

Project County Name

JASPER

Project State

IA

Project Zip

50208-8254

CD

IA-01

Jobs Reported

62

NAICS Code

221310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

767000.00

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

Non-Profit Organization

Originating Lender Location Id

41844

Originating Lender

First Interstate Bank

Originating Lender City

BILLINGS

Originating Lender State

MT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

774291.75

Forgiveness Date

04/01/2021

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