Date Approved
04/29/2020
SBA Office Code
0761
Processing Method
PPP
Borrower Name
MACY, LTD.
Borrower Address
120 N 2ND AVE W
Borrower City
NEWTON
Borrower State
IA
Borrower Zip
50208-3246
Loan Status Date
01/08/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
3500.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
24768
Servicing Lender Name
Bank Iowa
Servicing Lender Address
1150 Jordan Creek Pkwy
Servicing Lender City
WEST DES MOINES
Servicing Lender State
Servicing Lender Zip
50266-5831
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
JASPER
Project State
Project Zip
CD
IA-01
Jobs Reported
1
NAICS Code
531210
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
2850.00
Mortgage Interest Proceed
Rent Proceed
650.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
3517.69
Forgiveness Date
11/05/2020