PPP Loan information for Rick degroote

$455,800

Rick degroote was initially approved for PPP Loan of amount $253,400, the current approved amount is $455,800. The loan was approved on 04/09/2020 by The First Bank reported 26 jobs and $455,800 was used to fund payroll.

Rick degroote is Existing or more than 2 years old

RICK DEGROOTE

Date Approved

04/09/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

RICK DEGROOTE

Borrower Address

31208 RIDGE AVE

Borrower City

PARKERSBURG

Borrower State

IA

Borrower Zip

50665-7594

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

253400.00

Current Approval Amount

455800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25557

Servicing Lender Name

First Bank

Servicing Lender Address

316 E Bremer Ave

Servicing Lender City

WAVERLY

Servicing Lender State

IA

Servicing Lender Zip

50677-3532

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PARKERSBURG

Project County Name

BUTLER

Project State

IA

Project Zip

50665-7594

CD

IA-02

Jobs Reported

26

NAICS Code

111150

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

455800.00

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

Sole Proprietorship

Originating Lender Location Id

25557

Originating Lender

First Bank

Originating Lender City

WAVERLY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

461370.89

Forgiveness Date

07/02/2021

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