PPP Loan information for J. allan merchant

$20,833

J. allan merchant was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 04/09/2021 by The BankIowa reported 1 jobs and $20,833 was used to fund payroll.

J. allan merchant is Existing or more than 2 years old

J. ALLAN MERCHANT

Date Approved

04/09/2021

SBA Office Code

0736

Processing Method

PPP

Borrower Name

J. ALLAN MERCHANT

Borrower Address

6095 25th Ave

Borrower City

Vinton

Borrower State

IA

Borrower Zip

52349-9258

Loan Status Date

11/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20833.00

Current Approval Amount

20833.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25325

Servicing Lender Name

BankIowa

Servicing Lender Address

7045 C Ave NE

Servicing Lender City

CEDAR RAPIDS

Servicing Lender State

IA

Servicing Lender Zip

52402-1378

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Vinton

Project County Name

BENTON

Project State

IA

Project Zip

52349-9258

CD

IA-02

Jobs Reported

1

NAICS Code

111150

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

20830.00

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

Sole Proprietorship

Originating Lender Location Id

25325

Originating Lender

BankIowa

Originating Lender City

CEDAR RAPIDS

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

20930.80

Forgiveness Date

10/04/2021

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