PPP Loan information for Procircular, inc.

$374,900

Procircular, inc. was initially approved for PPP Loan of amount $374,900, the current approved amount is $374,900. The loan was approved on 04/11/2020 by The MidWestOne Bank reported 25 jobs and $374,900 was used to fund payroll.

Procircular, inc. is Existing or more than 2 years old

PROCIRCULAR, INC.

Date Approved

04/11/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

PROCIRCULAR, INC.

Borrower Address

2451 Oakdale Blvd

Borrower City

CORALVILLE

Borrower State

IA

Borrower Zip

52241-3221

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

374900.00

Current Approval Amount

374900.00

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

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CORALVILLE

Project County Name

JOHNSON

Project State

IA

Project Zip

52241-3221

CD

IA-01

Jobs Reported

25

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

23431.25

Payroll Proceed

281175.00

Mortgage Interest Proceed

23431.25

Rent Proceed

23431.25

Refinance EIDL Proceed

0.00

Health Care Proceed

23431.25

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

377784.65

Forgiveness Date

01/20/2021

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