PPP Loan information for Raised at full draw

$13,540

Raised at full draw was initially approved for PPP Loan of amount $13,540, the current approved amount is $13,540. The loan was approved on 02/27/2021 by The Farmers and Merchants State Bank reported 1 jobs and $13,540 was used to fund payroll.

Raised at full draw is Existing or more than 2 years old

RAISED AT FULL DRAW

Date Approved

02/27/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

RAISED AT FULL DRAW

Borrower Address

1221 E Buchanan St

Borrower City

Winterset

Borrower State

IA

Borrower Zip

50273-9500

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

13540.00

Current Approval Amount

13540.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25620

Servicing Lender Name

Farmers and Merchants State Bank

Servicing Lender Address

101 W Jefferson St

Servicing Lender City

WINTERSET

Servicing Lender State

IA

Servicing Lender Zip

50273-1546

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Winterset

Project County Name

MADISON

Project State

IA

Project Zip

50273-9500

CD

IA-03

Jobs Reported

1

NAICS Code

624110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

13539.00

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

Non-Profit Organization

Originating Lender Location Id

25620

Originating Lender

Farmers and Merchants State Bank

Originating Lender City

WINTERSET

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

13615.68

Forgiveness Date

09/22/2021

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