PPP Loan information for New community development corporation

$53,797

New community development corporation was initially approved for PPP Loan of amount $44,466, the current approved amount is $53,797. The loan was approved on 04/07/2020 by The Glenwood State Bank reported 4 jobs and $53,797 was used to fund payroll.

New community development corporation is Existing or more than 2 years old

PPP Loan Search / IA / COUNCIL BLUFFS / New community development corporation

NEW COMMUNITY DEVELOPMENT CORPORATION

Date Approved

04/07/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

NEW COMMUNITY DEVELOPMENT CORPORATION

Borrower Address

222 SOUTH 6TH ST

Borrower City

COUNCIL BLUFFS

Borrower State

IA

Borrower Zip

51501-4237

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

44466.27

Current Approval Amount

53796.52

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25033

Servicing Lender Name

Glenwood State Bank

Servicing Lender Address

32 N Walnut St

Servicing Lender City

GLENWOOD

Servicing Lender State

IA

Servicing Lender Zip

51534-1777

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

COUNCIL BLUFFS

Project County Name

POTTAWATTAMIE

Project State

IA

Project Zip

51501-4237

CD

IA-04

Jobs Reported

4

NAICS Code

624229

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

53796.52

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

Non-Profit Organization

Originating Lender Location Id

25033

Originating Lender

Glenwood State Bank

Originating Lender City

GLENWOOD

Originating Lender State

IA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

54101.61

Forgiveness Date

11/12/2020

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