PPP Loan information for Orchestra iowa

$263,400

Orchestra iowa was initially approved for PPP Loan of amount $263,400, the current approved amount is $263,400. The loan was approved on 03/30/2021 by The Farmers & Merchants Savings Bank reported 27 jobs and $263,400 was used to fund payroll.

Orchestra iowa is Existing or more than 2 years old

PPP Loan Search / IA / Cedar Rapids / Orchestra iowa

ORCHESTRA IOWA

Date Approved

03/30/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

ORCHESTRA IOWA

Borrower Address

119 3rd Ave SE

Borrower City

Cedar Rapids

Borrower State

IA

Borrower Zip

52401-1403

Loan Status Date

03/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

263400.00

Current Approval Amount

263400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25211

Servicing Lender Name

Farmers & Merchants Savings Bank

Servicing Lender Address

101 E Main St

Servicing Lender City

MANCHESTER

Servicing Lender State

IA

Servicing Lender Zip

52057-1736

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Cedar Rapids

Project County Name

LINN

Project State

IA

Project Zip

52401-1403

CD

IA-02

Jobs Reported

27

NAICS Code

711130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

263398.00

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

Non-Profit Organization

Originating Lender Location Id

25211

Originating Lender

Farmers & Merchants Savings Bank

Originating Lender City

MANCHESTER

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

265916.93

Forgiveness Date

03/16/2022

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