PPP Loan information for Local internet service company

Date Approved

04/09/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

LOCAL INTERNET SERVICE COMPANY

Borrower Address

1680 Highway 1, Suite 1500

Borrower City

FAIRFIELD

Borrower State

IA

Borrower Zip

52556-9119

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

379500.00

Current Approval Amount

379500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24991

Servicing Lender Name

Iowa State Bank and Trust Company of Fairfield, Iowa

Servicing Lender Address

55 S 4th St

Servicing Lender City

FAIRFIELD

Servicing Lender State

IA

Servicing Lender Zip

52556-3258

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIRFIELD

Project County Name

JEFFERSON

Project State

IA

Project Zip

52556-9119

CD

IA-01

Jobs Reported

37

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9500.00

Payroll Proceed

320000.00

Mortgage Interest Proceed

40000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

10000

Business Type

Subchapter S Corporation

Originating Lender Location Id

24991

Originating Lender

Iowa State Bank and Trust Company of Fairfield, Iowa

Originating Lender City

FAIRFIELD

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

383042.00

Forgiveness Date

03/18/2021