PPP Loan information for R&d operations

$52,035

R&d operations was initially approved for PPP Loan of amount $52,035, the current approved amount is $52,035. The loan was approved on 04/07/2020 by The MidWestOne Bank reported 25 jobs and $52,035 was used to fund payroll.

R&d operations is Existing or more than 2 years old

PPP Loan Search / IA / MUSCATINE / R&d operations

R&D OPERATIONS

Date Approved

04/07/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

R&D OPERATIONS

Borrower Address

107 IOWA AVE

Borrower City

MUSCATINE

Borrower State

IA

Borrower Zip

52761-3732

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

52035.00

Current Approval Amount

52035.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

MUSCATINE

Project County Name

MUSCATINE

Project State

IA

Project Zip

52761-3732

CD

IA-01

Jobs Reported

25

NAICS Code

722410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5203.41

Payroll Proceed

41628.18

Mortgage Interest Proceed

5203.41

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

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

52418.04

Forgiveness Date

01/07/2021

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