PPP Loan information for Poweshiek mutual insurance association

$109,116

Poweshiek mutual insurance association was initially approved for PPP Loan of amount $109,116, the current approved amount is $109,116. The loan was approved on 04/30/2021 by The Lincoln Savings Bank reported 10 jobs and $109,116 was used to fund payroll.

Poweshiek mutual insurance association is Existing or more than 2 years old

POWESHIEK MUTUAL INSURANCE ASSOCIATION

Date Approved

04/30/2021

SBA Office Code

0761

Processing Method

PPP

Borrower Name

POWESHIEK MUTUAL INSURANCE ASSOCIATION

Borrower Address

224 West St

Borrower City

Grinnell

Borrower State

IA

Borrower Zip

50112-2312

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

109116.00

Current Approval Amount

109116.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25416

Servicing Lender Name

Lincoln Savings Bank

Servicing Lender Address

508 Main Street PO Box E

Servicing Lender City

Reinbeck

Servicing Lender State

IA

Servicing Lender Zip

50669

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Grinnell

Project County Name

POWESHIEK

Project State

IA

Project Zip

50112-2312

CD

IA-02

Jobs Reported

10

NAICS Code

524126

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

109115.00

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

25416

Originating Lender

Lincoln Savings Bank

Originating Lender City

Reinbeck

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

109385.05

Forgiveness Date

08/03/2021

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