PPP Loan information for Michael lux

$20,800

Michael lux was initially approved for PPP Loan of amount $20,800, the current approved amount is $20,800. The loan was approved on 01/22/2021 by The Cherokee State Bank reported 1 jobs and $20,800 was used to fund payroll.

Michael lux is Existing or more than 2 years old

MICHAEL LUX

Date Approved

01/22/2021

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MICHAEL LUX

Borrower Address

5412 L Ave

Borrower City

Cherokee

Borrower State

IA

Borrower Zip

51012-7114

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20800.00

Current Approval Amount

20800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24759

Servicing Lender Name

Cherokee State Bank

Servicing Lender Address

212 W Willow St

Servicing Lender City

CHEROKEE

Servicing Lender State

IA

Servicing Lender Zip

51012-1857

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cherokee

Project County Name

CHEROKEE

Project State

IA

Project Zip

51012-7114

CD

IA-04

Jobs Reported

1

NAICS Code

111150

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

20797.00

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

Sole Proprietorship

Originating Lender Location Id

24759

Originating Lender

Cherokee State Bank

Originating Lender City

CHEROKEE

Originating Lender State

IA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

20937.34

Forgiveness Date

09/28/2021

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