PPP Loan information for Mayflower homes inc.

$1,049,460

Mayflower homes inc. was initially approved for PPP Loan of amount $1,049,460, the current approved amount is $1,049,460. The loan was approved on 04/06/2020 by The Grinnell State Bank reported 135 jobs and $1,049,460 was used to fund payroll.

Mayflower homes inc. is Existing or more than 2 years old

PPP Loan Search / IA / GRINNELL / Mayflower homes inc.

MAYFLOWER HOMES INC.

Date Approved

04/06/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MAYFLOWER HOMES INC.

Borrower Address

616 Broad Street

Borrower City

GRINNELL

Borrower State

IA

Borrower Zip

50112-2224

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1049460.00

Current Approval Amount

1049460.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25054

Servicing Lender Name

Grinnell State Bank

Servicing Lender Address

814 4th Ave

Servicing Lender City

GRINNELL

Servicing Lender State

IA

Servicing Lender Zip

50112-2041

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRINNELL

Project County Name

POWESHIEK

Project State

IA

Project Zip

50112-2224

CD

IA-02

Jobs Reported

135

NAICS Code

623110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

25460.00

Payroll Proceed

900000.00

Mortgage Interest Proceed

100000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

24000.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

25054

Originating Lender

Grinnell State Bank

Originating Lender City

GRINNELL

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1059050.90

Forgiveness Date

03/09/2021

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