Date Approved
04/29/2020
SBA Office Code
0761
Processing Method
PPP
Borrower Name
NICHOLAS FORMANEK
Borrower Address
1165 270TH ST
Borrower City
BRITT
Borrower State
IA
Borrower Zip
50423-8614
Loan Status Date
05/19/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
7517.00
Current Approval Amount
20833.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
24626
Servicing Lender Name
Farmers Trust & Savings Bank
Servicing Lender Address
101 N Main St
Servicing Lender City
BUFFALO CENTER
Servicing Lender State
Servicing Lender Zip
50424
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Unanswered
Project City
Project County Name
HANCOCK
Project State
Project Zip
CD
IA-04
Jobs Reported
1
NAICS Code
111150
Race
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Sole Proprietorship
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
21027.63
Forgiveness Date
04/15/2021