PPP Loan information for Natel inc

$85,428

Natel inc was initially approved for PPP Loan of amount $85,428, the current approved amount is $85,428. The loan was approved on 04/10/2020 by The Iowa State Bank and Trust Company of Fairfield, Iowa reported 10 jobs and $85,428 was used to fund payroll.

Natel inc is Existing or more than 2 years old

PPP Loan Search / IA / FAIRFIELD / Natel inc

NATEL INC

Date Approved

04/10/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

NATEL INC

Borrower Address

907 W Burlington

Borrower City

FAIRFIELD

Borrower State

IA

Borrower Zip

52556-2700

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

85427.50

Current Approval Amount

85427.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24991

Servicing Lender Name

Iowa State Bank and Trust Company of Fairfield, Iowa

Servicing Lender Address

55 S 4th St

Servicing Lender City

FAIRFIELD

Servicing Lender State

IA

Servicing Lender Zip

52556-3258

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIRFIELD

Project County Name

JEFFERSON

Project State

IA

Project Zip

52556-2700

CD

IA-01

Jobs Reported

10

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

75427.50

Mortgage Interest Proceed

5000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

24991

Originating Lender

Iowa State Bank and Trust Company of Fairfield, Iowa

Originating Lender City

FAIRFIELD

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

85885.49

Forgiveness Date

11/02/2020

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