PPP Loan information for Linn-mar school foundation

$12,000

Linn-mar school foundation was initially approved for PPP Loan of amount $12,000, the current approved amount is $12,000. The loan was approved on 06/18/2020 by The Farmers State Bank reported 2 jobs and $12,000 was used to fund payroll.

Linn-mar school foundation is Existing or more than 2 years old

PPP Loan Search / IA / MARION / Linn-mar school foundation

LINN-MAR SCHOOL FOUNDATION

Date Approved

06/18/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

LINN-MAR SCHOOL FOUNDATION

Borrower Address

2999 N 10TH ST

Borrower City

MARION

Borrower State

IA

Borrower Zip

52302-5478

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

12000.00

Current Approval Amount

12000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25235

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

1240 8th Ave

Servicing Lender City

MARION

Servicing Lender State

IA

Servicing Lender Zip

52302-3504

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARION

Project County Name

LINN

Project State

IA

Project Zip

52302-5478

CD

IA-02

Jobs Reported

2

NAICS Code

813211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

12000.00

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

Non-Profit Organization

Originating Lender Location Id

25235

Originating Lender

Farmers State Bank

Originating Lender City

MARION

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

12062.67

Forgiveness Date

12/31/2020

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