PPP Loan information for Moorman clothiers, ltd

$52,600

Moorman clothiers, ltd was initially approved for PPP Loan of amount $52,600, the current approved amount is $52,600. The loan was approved on 04/04/2020 by The First Citizens Bank reported 5 jobs and $52,600 was used to fund payroll.

Moorman clothiers, ltd is Existing or more than 2 years old

PPP Loan Search / IA / MASON CITY / Moorman clothiers, ltd

MOORMAN CLOTHIERS, LTD

Date Approved

04/04/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MOORMAN CLOTHIERS, LTD

Borrower Address

1 S FEDERAL AVE

Borrower City

MASON CITY

Borrower State

IA

Borrower Zip

50401-3727

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

52600.00

Current Approval Amount

52600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24732

Servicing Lender Name

First Citizens Bank

Servicing Lender Address

2601 4th St SW

Servicing Lender City

MASON CITY

Servicing Lender State

IA

Servicing Lender Zip

50401-4650

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MASON CITY

Project County Name

CERRO GORDO

Project State

IA

Project Zip

50401-3727

CD

IA-02

Jobs Reported

5

NAICS Code

448140

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4000.00

Payroll Proceed

39450.00

Mortgage Interest Proceed

0.00

Rent Proceed

9150.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

24732

Originating Lender

First Citizens Bank

Originating Lender City

MASON CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

52976.97

Forgiveness Date

01/08/2021

;