PPP Loan information for Loco inc.

$223,223

Loco inc. was initially approved for PPP Loan of amount $223,223, the current approved amount is $223,223. The loan was approved on 02/05/2021 by The BankIowa reported 40 jobs and $223,223 was used to fund payroll.

Loco inc. is Existing or more than 2 years old

PPP Loan Search / IA / Cedar Falls / Loco inc.

LOCO INC.

Date Approved

02/05/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

LOCO INC.

Borrower Address

6822 University Ave

Borrower City

Cedar Falls

Borrower State

IA

Borrower Zip

50613-5129

Loan Status Date

11/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

223223.00

Current Approval Amount

223223.00

Undisbursed Amount

0.00

Franchise Name

Subway

Servicing Lender Location Id

25325

Servicing Lender Name

BankIowa

Servicing Lender Address

7045 C Ave NE

Servicing Lender City

CEDAR RAPIDS

Servicing Lender State

IA

Servicing Lender Zip

52402-1378

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cedar Falls

Project County Name

BLACK HAWK

Project State

IA

Project Zip

50613-5129

CD

IA-02

Jobs Reported

40

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

223221.00

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

Corporation

Originating Lender Location Id

25325

Originating Lender

BankIowa

Originating Lender City

CEDAR RAPIDS

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

224804.16

Forgiveness Date

10/26/2021

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