PPP Loan information for Lake city drive in

$31,000

Lake city drive in was initially approved for PPP Loan of amount $31,000, the current approved amount is $31,000. The loan was approved on 04/09/2020 by The United Bank of Iowa reported 20 jobs and $31,000 was used to fund payroll.

Lake city drive in is Existing or more than 2 years old

LAKE CITY DRIVE IN

Date Approved

04/09/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

LAKE CITY DRIVE IN

Borrower Address

808 W MAIN ST

Borrower City

LAKE CITY

Borrower State

IA

Borrower Zip

51449-1529

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

31000.00

Current Approval Amount

31000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25108

Servicing Lender Name

United Bank of Iowa

Servicing Lender Address

501 2nd St

Servicing Lender City

IDA GROVE

Servicing Lender State

IA

Servicing Lender Zip

51445-1304

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAKE CITY

Project County Name

CALHOUN

Project State

IA

Project Zip

51449-1529

CD

IA-04

Jobs Reported

20

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6300.00

Payroll Proceed

24700.00

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

25108

Originating Lender

United Bank of Iowa

Originating Lender City

IDA GROVE

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

31182.60

Forgiveness Date

11/17/2020

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