PPP Loan information for Rapid creek cidery inc.

$228,977

Rapid creek cidery inc. was initially approved for PPP Loan of amount $228,977, the current approved amount is $228,977. The loan was approved on 01/26/2021 by The Hills Bank and Trust Company reported 18 jobs and $228,977 was used to fund payroll.

Rapid creek cidery inc. is Existing or more than 2 years old

PPP Loan Search / IA / Iowa City / Rapid creek cidery inc.

RAPID CREEK CIDERY INC.

Date Approved

01/26/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

RAPID CREEK CIDERY INC.

Borrower Address

4823 Dingleberry Rd NE # 2

Borrower City

Iowa City

Borrower State

IA

Borrower Zip

52240-7738

Loan Status Date

11/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

228977.00

Current Approval Amount

228977.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25080

Servicing Lender Name

Hills Bank and Trust Company

Servicing Lender Address

131 Main St

Servicing Lender City

HILLS

Servicing Lender State

IA

Servicing Lender Zip

52235

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Iowa City

Project County Name

JOHNSON

Project State

IA

Project Zip

52240-7738

CD

IA-01

Jobs Reported

18

NAICS Code

722511

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

228974.00

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

25080

Originating Lender

Hills Bank and Trust Company

Originating Lender City

HILLS

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

230624.36

Forgiveness Date

10/25/2021

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