PPP Loan information for Plc recovery llc

$40,400

Plc recovery llc was initially approved for PPP Loan of amount $40,400, the current approved amount is $40,400. The loan was approved on 04/15/2020 by The MidWestOne Bank reported 7 jobs and $40,400 was used to fund payroll.

Plc recovery llc is Existing or more than 2 years old

PLC RECOVERY LLC

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PLC RECOVERY LLC

Borrower Address

34657 Lang Ave

Borrower City

NORTH BRANCH

Borrower State

MN

Borrower Zip

55056

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40400.00

Current Approval Amount

40400.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH BRANCH

Project County Name

CHISAGO

Project State

MN

Project Zip

55056-0001

CD

MN-08

Jobs Reported

7

NAICS Code

488410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2525.00

Payroll Proceed

30300.00

Mortgage Interest Proceed

2525.00

Rent Proceed

2525.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2525.00

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

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40690.66

Forgiveness Date

01/08/2021

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