PPP Loan information for Midtown family restaurant 2 inc.

$120,813

Midtown family restaurant 2 inc. was initially approved for PPP Loan of amount $120,813, the current approved amount is $120,813. The loan was approved on 02/02/2021 by The Hills Bank and Trust Company reported 19 jobs and $120,813 was used to fund payroll.

Midtown family restaurant 2 inc. is Existing or more than 2 years old

PPP Loan Search / IA / Iowa City / Midtown family restaurant 2 inc.

MIDTOWN FAMILY RESTAURANT 2 INC.

Date Approved

02/02/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

MIDTOWN FAMILY RESTAURANT 2 INC.

Borrower Address

1069 Highway 1 W

Borrower City

Iowa City

Borrower State

IA

Borrower Zip

52246-4227

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

120813.00

Current Approval Amount

120813.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25080

Servicing Lender Name

Hills Bank and Trust Company

Servicing Lender Address

131 Main St

Servicing Lender City

HILLS

Servicing Lender State

IA

Servicing Lender Zip

52235

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Iowa City

Project County Name

JOHNSON

Project State

IA

Project Zip

52246-4227

CD

IA-01

Jobs Reported

19

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

120808.00

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

25080

Originating Lender

Hills Bank and Trust Company

Originating Lender City

HILLS

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

121319.74

Forgiveness Date

07/14/2021

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