PPP Loan information for Pranam corporation

$32,700

Pranam corporation was initially approved for PPP Loan of amount $32,700, the current approved amount is $32,700. The loan was approved on 04/04/2020 by The Citizens State Bank reported 12 jobs and $32,700 was used to fund payroll.

Pranam corporation is New Business or 2 years or less

PPP Loan Search / IA / CORALVILLE / Pranam corporation

PRANAM CORPORATION

Date Approved

04/04/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

PRANAM CORPORATION

Borrower Address

209 W 9th St

Borrower City

CORALVILLE

Borrower State

IA

Borrower Zip

52241-2114

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

32700.00

Current Approval Amount

32700.00

Undisbursed Amount

0.00

Franchise Name

Quality Inn by Choice Hotels /Quality Inn & Suites by Choice Hotels

Servicing Lender Location Id

25086

Servicing Lender Name

Citizens State Bank

Servicing Lender Address

117 W First St

Servicing Lender City

MONTICELLO

Servicing Lender State

IA

Servicing Lender Zip

52310-1520

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

CORALVILLE

Project County Name

JOHNSON

Project State

IA

Project Zip

52241-2114

CD

IA-01

Jobs Reported

12

NAICS Code

721110

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

26200.00

Mortgage Interest Proceed

6500.00

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

25086

Originating Lender

Citizens State Bank

Originating Lender City

MONTICELLO

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

32976.13

Forgiveness Date

02/09/2021

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