PPP Loan information for Iowa wesleyan university

$1,391,035

Iowa wesleyan university was initially approved for PPP Loan of amount $1,391,035, the current approved amount is $1,391,035. The loan was approved on 02/12/2021 by The Two Rivers Bank & Trust reported 125 jobs and $1,391,035 was used to fund payroll.

Iowa wesleyan university is Existing or more than 2 years old

PPP Loan Search / IA / Mount Pleasant / Iowa wesleyan university

IOWA WESLEYAN UNIVERSITY

Date Approved

02/12/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

IOWA WESLEYAN UNIVERSITY

Borrower Address

601 N Main St

Borrower City

Mount Pleasant

Borrower State

IA

Borrower Zip

52641-1348

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1391035.00

Current Approval Amount

1391035.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434140

Servicing Lender Name

Two Rivers Bank & Trust

Servicing Lender Address

222 N Main St

Servicing Lender City

BURLINGTON

Servicing Lender State

IA

Servicing Lender Zip

52601-5214

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mount Pleasant

Project County Name

HENRY

Project State

IA

Project Zip

52641-1348

CD

IA-01

Jobs Reported

125

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1391032.00

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

434140

Originating Lender

Two Rivers Bank & Trust

Originating Lender City

BURLINGTON

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1395942.26

Forgiveness Date

06/23/2021

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