PPP Loan information for Nelson-boylan-lerette funeral chapel, inc.

$22,500

Nelson-boylan-lerette funeral chapel, inc. was initially approved for PPP Loan of amount $22,500, the current approved amount is $22,500. The loan was approved on 04/09/2020 by The Bank Iowa reported 5 jobs and $22,500 was used to fund payroll.

Nelson-boylan-lerette funeral chapel, inc. is Existing or more than 2 years old

NELSON-BOYLAN-LERETTE FUNERAL CHAPEL, INC.

Date Approved

04/09/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

NELSON-BOYLAN-LERETTE FUNERAL CHAPEL, INC.

Borrower Address

410 N 6TH ST

Borrower City

RED OAK

Borrower State

IA

Borrower Zip

51566-2450

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

22500.00

Current Approval Amount

22500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24768

Servicing Lender Name

Bank Iowa

Servicing Lender Address

1150 Jordan Creek Pkwy

Servicing Lender City

WEST DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50266-5831

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RED OAK

Project County Name

MONTGOMERY

Project State

IA

Project Zip

51566-2450

CD

IA-03

Jobs Reported

5

NAICS Code

812210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

17500.00

Mortgage Interest Proceed

800.00

Rent Proceed

2000.00

Refinance EIDL Proceed

2200.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

24768

Originating Lender

Bank Iowa

Originating Lender City

WEST DES MOINES

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

22705.62

Forgiveness Date

03/11/2021

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