PPP Loan information for Practical applications inc.

$45,585

Practical applications inc. was initially approved for PPP Loan of amount $45,585, the current approved amount is $45,585. The loan was approved on 01/26/2021 by The Central Bank reported 3 jobs and $45,585 was used to fund payroll.

Practical applications inc. is Existing or more than 2 years old

PPP Loan Search / IA / Waukee / Practical applications inc.

PRACTICAL APPLICATIONS INC.

Date Approved

01/26/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

PRACTICAL APPLICATIONS INC.

Borrower Address

606 SE Boone Dr

Borrower City

Waukee

Borrower State

IA

Borrower Zip

50263-8123

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

45585.00

Current Approval Amount

45585.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25506

Servicing Lender Name

Central Bank

Servicing Lender Address

600 Lake Ave

Servicing Lender City

STORM LAKE

Servicing Lender State

IA

Servicing Lender Zip

50588-1852

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Waukee

Project County Name

DALLAS

Project State

IA

Project Zip

50263-8123

CD

IA-03

Jobs Reported

3

NAICS Code

236118

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

45581.00

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

Subchapter S Corporation

Originating Lender Location Id

25506

Originating Lender

Central Bank

Originating Lender City

STORM LAKE

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

45807.86

Forgiveness Date

07/30/2021

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