PPP Loan information for Members mutual insurance association

$72,574

Members mutual insurance association was initially approved for PPP Loan of amount $72,574, the current approved amount is $72,574. The loan was approved on 04/09/2020 by The Security Trust & Savings Bank reported 6 jobs and $72,574 was used to fund payroll.

Members mutual insurance association is Existing or more than 2 years old

MEMBERS MUTUAL INSURANCE ASSOCIATION

Date Approved

04/09/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MEMBERS MUTUAL INSURANCE ASSOCIATION

Borrower Address

1711 N Lake Ave

Borrower City

Storm Lake

Borrower State

IA

Borrower Zip

50588-7610

Loan Status Date

11/20/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

72574.00

Current Approval Amount

72574.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25508

Servicing Lender Name

Security Trust & Savings Bank

Servicing Lender Address

601 Lake Ave

Servicing Lender City

STORM LAKE

Servicing Lender State

IA

Servicing Lender Zip

50588-1851

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Storm Lake

Project County Name

BUENA VISTA

Project State

IA

Project Zip

50588-7610

CD

IA-04

Jobs Reported

6

NAICS Code

524126

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

72574.00

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

25508

Originating Lender

Security Trust & Savings Bank

Originating Lender City

STORM LAKE

Originating Lender State

IA

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

72941.84

Forgiveness Date

10/20/2020

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