PPP Loan information for Lutheran home for the aged assoc.-east

$1,714,907

Lutheran home for the aged assoc.-east was initially approved for PPP Loan of amount $1,714,907, the current approved amount is $1,714,907. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 250 jobs and $1,714,907 was used to fund payroll.

Lutheran home for the aged assoc.-east is Existing or more than 2 years old

PPP Loan Search / IA / VINTON / Lutheran home for the aged assoc.-east

LUTHERAN HOME FOR THE AGED ASSOC.-EAST

Date Approved

05/01/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

LUTHERAN HOME FOR THE AGED ASSOC.-EAST

Borrower Address

1415 2ND AVE

Borrower City

VINTON

Borrower State

IA

Borrower Zip

52349

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1714907.00

Current Approval Amount

1714907.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

VINTON

Project County Name

BENTON

Project State

IA

Project Zip

52349-0001

CD

IA-02

Jobs Reported

250

NAICS Code

623110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1714907.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1724386.62

Forgiveness Date

11/23/2020

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