PPP Loan information for Newcomb warehouse

$254,602

Newcomb warehouse was initially approved for PPP Loan of amount $254,602, the current approved amount is $254,602. The loan was approved on 04/07/2020 by The MidWestOne Bank reported 25 jobs and $254,602 was used to fund payroll.

Newcomb warehouse is Existing or more than 2 years old

PPP Loan Search / IA / MUSCATINE / Newcomb warehouse

NEWCOMB WAREHOUSE

Date Approved

04/07/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

NEWCOMB WAREHOUSE

Borrower Address

3606 GRANDVIEW AVE

Borrower City

MUSCATINE

Borrower State

IA

Borrower Zip

52761-1344

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

254602.00

Current Approval Amount

254602.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MUSCATINE

Project County Name

MUSCATINE

Project State

IA

Project Zip

52761-1344

CD

IA-01

Jobs Reported

25

NAICS Code

484121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

25460.00

Payroll Proceed

203682.00

Mortgage Interest Proceed

25460.00

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

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

246069.61

Forgiveness Date

11/13/2020

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