PPP Loan information for Oelwein ace hardware paint and rental center, llc

$40,000

Oelwein ace hardware paint and rental center, llc was initially approved for PPP Loan of amount $40,000, the current approved amount is $40,000. The loan was approved on 06/24/2020 by The Community Bank of Oelwein reported 10 jobs and $40,000 was used to fund payroll.

Oelwein ace hardware paint and rental center, llc is New Business or 2 years or less

OELWEIN ACE HARDWARE PAINT AND RENTAL CENTER, LLC

Date Approved

06/24/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

OELWEIN ACE HARDWARE PAINT AND RENTAL CENTER, LLC

Borrower Address

20 North Frederick Avenue

Borrower City

OELWEIN

Borrower State

IA

Borrower Zip

50662-1735

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40000.00

Current Approval Amount

40000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123159

Servicing Lender Name

Community Bank of Oelwein

Servicing Lender Address

150 1st St SE

Servicing Lender City

OELWEIN

Servicing Lender State

IA

Servicing Lender Zip

50662-2309

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

OELWEIN

Project County Name

FAYETTE

Project State

IA

Project Zip

50662-1735

CD

IA-02

Jobs Reported

10

NAICS Code

444130

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

40000.00

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

Corporation

Originating Lender Location Id

123159

Originating Lender

Community Bank of Oelwein

Originating Lender City

OELWEIN

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

40217.78

Forgiveness Date

01/07/2021

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