PPP Loan information for Mutual med, inc

$420,900

Mutual med, inc was initially approved for PPP Loan of amount $420,900, the current approved amount is $420,900. The loan was approved on 04/07/2020 by The Fortress Bank reported 28 jobs and $420,900 was used to fund payroll.

Mutual med, inc is Existing or more than 2 years old

PPP Loan Search / IA / DAVENPORT / Mutual med, inc

MUTUAL MED, INC

Date Approved

04/07/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

MUTUAL MED, INC

Borrower Address

4321 E 60TH ST

Borrower City

DAVENPORT

Borrower State

IA

Borrower Zip

52807-3505

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

420900.00

Current Approval Amount

420900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21621

Servicing Lender Name

Fortress Bank

Servicing Lender Address

9000 N Knoxville Ave

Servicing Lender City

PEORIA

Servicing Lender State

IL

Servicing Lender Zip

61615-1412

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DAVENPORT

Project County Name

SCOTT

Project State

IA

Project Zip

52807-3505

CD

IA-01

Jobs Reported

28

NAICS Code

524210

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

18280.00

Payroll Proceed

366491.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

36129.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

21621

Originating Lender

Fortress Bank

Originating Lender City

PEORIA

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

423552.25

Forgiveness Date

12/03/2020

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