PPP Loan information for Potentials inc

$10,500

Potentials inc was initially approved for PPP Loan of amount $10,500, the current approved amount is $10,500. The loan was approved on 04/16/2020 by The Pilot Grove Savings Bank reported 7 jobs and $10,500 was used to fund payroll.

Potentials inc is Existing or more than 2 years old

POTENTIALS INC

Date Approved

04/16/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

POTENTIALS INC

Borrower Address

228 E main street

Borrower City

OTTUMWA

Borrower State

IA

Borrower Zip

52501-2916

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

10500.00

Current Approval Amount

10500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25378

Servicing Lender Name

Pilot Grove Savings Bank

Servicing Lender Address

1341 Pilot Grove Rd

Servicing Lender City

PILOT GROVE

Servicing Lender State

IA

Servicing Lender Zip

52648-5000

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

OTTUMWA

Project County Name

WAPELLO

Project State

IA

Project Zip

52501-2916

CD

IA-03

Jobs Reported

7

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

10500.00

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

25378

Originating Lender

Pilot Grove Savings Bank

Originating Lender City

PILOT GROVE

Originating Lender State

IA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

10601.79

Forgiveness Date

04/01/2021

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