PPP Loan information for New community development corporation

$64,774

New community development corporation was initially approved for PPP Loan of amount $64,774, the current approved amount is $64,774. The loan was approved on 02/12/2021 by The Glenwood State Bank reported 4 jobs and $64,774 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

02/12/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

NEW COMMUNITY DEVELOPMENT CORPORATION

Borrower Address

222 S 6th St

Borrower City

Council Bluffs

Borrower State

IA

Borrower Zip

51501-4237

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

64774.45

Current Approval Amount

64774.45

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

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

64769.45

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

Non-Veteran

Non Profit

Y

Forgiveness Amount

65134.70

Forgiveness Date

09/09/2021

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