PPP Loan information for Jensen drainage & excavation, inc

$38,600

Jensen drainage & excavation, inc was initially approved for PPP Loan of amount $38,600, the current approved amount is $38,600. The loan was approved on 04/07/2020 by The Bank Iowa reported 5 jobs and $38,600 was used to fund payroll.

Jensen drainage & excavation, inc is Existing or more than 2 years old

JENSEN DRAINAGE & EXCAVATION, INC

Date Approved

04/07/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

JENSEN DRAINAGE & EXCAVATION, INC

Borrower Address

1667 KENTUCKY AVE

Borrower City

HUMBOLDT

Borrower State

IA

Borrower Zip

50548-8715

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38600.00

Current Approval Amount

38600.00

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

HUMBOLDT

Project County Name

HUMBOLDT

Project State

IA

Project Zip

50548-8715

CD

IA-04

Jobs Reported

5

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1000.00

Payroll Proceed

34600.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1000.00

Debt Interest Proceed

2000

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

38952.76

Forgiveness Date

03/15/2021

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