PPP Loan information for Lathrop farms

$42,500

Lathrop farms was initially approved for PPP Loan of amount $42,500, the current approved amount is $42,500. The loan was approved on 04/04/2020 by The First Iowa State Bank reported 5 jobs and $42,500 was used to fund payroll.

Lathrop farms is Existing or more than 2 years old

PPP Loan Search / IA / ALBIA / Lathrop farms

LATHROP FARMS

Date Approved

04/04/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

LATHROP FARMS

Borrower Address

1978 642nd Ave

Borrower City

ALBIA

Borrower State

IA

Borrower Zip

52531-8605

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42500.00

Current Approval Amount

42500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24537

Servicing Lender Name

First Iowa State Bank

Servicing Lender Address

19 Benton Ave East

Servicing Lender City

ALBIA

Servicing Lender State

IA

Servicing Lender Zip

52531-2032

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALBIA

Project County Name

MONROE

Project State

IA

Project Zip

52531-8605

CD

IA-03

Jobs Reported

5

NAICS Code

238910

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

42500.00

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

24537

Originating Lender

First Iowa State Bank

Originating Lender City

ALBIA

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

37766.67

Forgiveness Date

12/22/2020

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