PPP Loan information for Red oak greenhouses, inc.

$967,800

Red oak greenhouses, inc. was initially approved for PPP Loan of amount $967,800, the current approved amount is $967,800. The loan was approved on 04/03/2020 by The Houghton State Bank reported 165 jobs and $967,800 was used to fund payroll.

Red oak greenhouses, inc. is Existing or more than 2 years old

PPP Loan Search / IA / RED OAK / Red oak greenhouses, inc.

RED OAK GREENHOUSES, INC.

Date Approved

04/03/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

RED OAK GREENHOUSES, INC.

Borrower Address

401 W Coolbaugh

Borrower City

RED OAK

Borrower State

IA

Borrower Zip

51566-6107

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

967800.00

Current Approval Amount

967800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25408

Servicing Lender Name

Houghton State Bank

Servicing Lender Address

116 Coolbaugh St

Servicing Lender City

RED OAK

Servicing Lender State

IA

Servicing Lender Zip

51566-2273

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RED OAK

Project County Name

MONTGOMERY

Project State

IA

Project Zip

51566-0001

CD

IA-03

Jobs Reported

165

NAICS Code

111421

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

55207.00

Payroll Proceed

774289.00

Mortgage Interest Proceed

0.00

Rent Proceed

60000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

78304.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25408

Originating Lender

Houghton State Bank

Originating Lender City

RED OAK

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

976053.18

Forgiveness Date

02/09/2021

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