PPP Loan information for Medicap pharmacy

$123,600

Medicap pharmacy was initially approved for PPP Loan of amount $123,600, the current approved amount is $123,600. The loan was approved on 04/28/2020 by The Iowa State Savings Bank reported 10 jobs and $123,600 was used to fund payroll.

Medicap pharmacy is Existing or more than 2 years old

PPP Loan Search / IA / CRESTON / Medicap pharmacy

MEDICAP PHARMACY

Date Approved

04/28/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MEDICAP PHARMACY

Borrower Address

405 S. SUMNER AVE

Borrower City

CRESTON

Borrower State

IA

Borrower Zip

50801-3330

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

123600.00

Current Approval Amount

123600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24821

Servicing Lender Name

Iowa State Savings Bank

Servicing Lender Address

401 W Adams St

Servicing Lender City

CRESTON

Servicing Lender State

IA

Servicing Lender Zip

50801-3110

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CRESTON

Project County Name

UNION

Project State

IA

Project Zip

50801-3330

CD

IA-03

Jobs Reported

10

NAICS Code

446110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2000.00

Payroll Proceed

121600.00

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

Subchapter S Corporation

Originating Lender Location Id

24821

Originating Lender

Iowa State Savings Bank

Originating Lender City

CRESTON

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

124355.15

Forgiveness Date

12/10/2020

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