PPP Loan information for Ivy lane corporation

$2,021,700

Ivy lane corporation was initially approved for PPP Loan of amount $2,021,700, the current approved amount is $2,021,700. The loan was approved on 04/05/2020 by The CIBC Bank USA reported 290 jobs and $2,021,700 was used to fund payroll.

Ivy lane corporation is Existing or more than 2 years old

PPP Loan Search / IA / WEST DES MOINES / Ivy lane corporation

IVY LANE CORPORATION

Date Approved

04/05/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

IVY LANE CORPORATION

Borrower Address

1001 GRAND AVE

Borrower City

WEST DES MOINES

Borrower State

IA

Borrower Zip

50265-3502

Loan Status Date

03/29/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2021700.00

Current Approval Amount

2021700.00

Undisbursed Amount

0.00

Franchise Name

Valvoline Instant Oil Change

Servicing Lender Location Id

116998

Servicing Lender Name

CIBC Bank USA

Servicing Lender Address

120 S LaSalle St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-3403

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST DES MOINES

Project County Name

POLK

Project State

IA

Project Zip

50265-3502

CD

IA-03

Jobs Reported

290

NAICS Code

811198

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2021700.00

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

Corporation

Originating Lender Location Id

116998

Originating Lender

CIBC Bank USA

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1924901.48

Forgiveness Date

01/19/2022

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