Date Approved
01/21/2021
SBA Office Code
0761
Processing Method
PPP
Borrower Name
MICHAEL SPRECHER
Borrower Address
503 Windview Dr
Borrower City
Lake Mills
Borrower State
IA
Borrower Zip
50450-1344
Loan Status Date
07/14/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
20833.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
25401
Servicing Lender Name
State Savings Bank
Servicing Lender Address
102 N Main St
Servicing Lender City
RAKE
Servicing Lender State
Servicing Lender Zip
50465
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WINNEBAGO
Project State
Project Zip
CD
IA-04
Jobs Reported
1
NAICS Code
111199
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Self-Employed Individuals
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
20915.75
Forgiveness Date
06/15/2021