PPP Loan information for P & n corporation

$25,000

P & n corporation was initially approved for PPP Loan of amount $25,000, the current approved amount is $25,000. The loan was approved on 04/03/2020 by The Farmers State Bank reported 13 jobs and $25,000 was used to fund payroll.

P & n corporation is Existing or more than 2 years old

P & N CORPORATION

Date Approved

04/03/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

P & N CORPORATION

Borrower Address

1710 Marion Airport

Borrower City

MARION

Borrower State

IA

Borrower Zip

52302-9626

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

25000.00

Current Approval Amount

25000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25235

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

1240 8th Ave

Servicing Lender City

MARION

Servicing Lender State

IA

Servicing Lender Zip

52302-3504

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARION

Project County Name

LINN

Project State

IA

Project Zip

52302-9626

CD

IA-02

Jobs Reported

13

NAICS Code

611512

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

25000.00

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

25235

Originating Lender

Farmers State Bank

Originating Lender City

MARION

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

15081.67

Forgiveness Date

10/27/2020

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