PPP Loan information for Lightning foundations inc

$1,088,713

Lightning foundations inc was initially approved for PPP Loan of amount $1,088,713, the current approved amount is $1,088,713. The loan was approved on 04/30/2020 by The South Story Bank & Trust reported 72 jobs and $1,088,713 was used to fund payroll.

Lightning foundations inc is Existing or more than 2 years old

PPP Loan Search / IA / CLEARFIELD / Lightning foundations inc

LIGHTNING FOUNDATIONS INC

Date Approved

04/30/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

LIGHTNING FOUNDATIONS INC

Borrower Address

1209 County Hwy J23

Borrower City

CLEARFIELD

Borrower State

IA

Borrower Zip

50840

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1088712.50

Current Approval Amount

1088712.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25481

Servicing Lender Name

South Story Bank & Trust

Servicing Lender Address

501 Linn St

Servicing Lender City

SLATER

Servicing Lender State

IA

Servicing Lender Zip

50244

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLEARFIELD

Project County Name

TAYLOR

Project State

IA

Project Zip

50840-0001

CD

IA-03

Jobs Reported

72

NAICS Code

238110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1088712.50

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

Subchapter S Corporation

Originating Lender Location Id

25481

Originating Lender

South Story Bank & Trust

Originating Lender City

SLATER

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1096484.70

Forgiveness Date

01/20/2021

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