PPP Loan information for Rubber development inc.

$187,500

Rubber development inc. was initially approved for PPP Loan of amount $187,500, the current approved amount is $187,500. The loan was approved on 02/24/2021 by The Farmers State Bank reported 16 jobs and $187,500 was used to fund payroll.

Rubber development inc. is Existing or more than 2 years old

PPP Loan Search / IA / Waverly / Rubber development inc.

RUBBER DEVELOPMENT INC.

Date Approved

02/24/2021

SBA Office Code

0736

Processing Method

PPP

Borrower Name

RUBBER DEVELOPMENT INC.

Borrower Address

701 Technology Pl

Borrower City

Waverly

Borrower State

IA

Borrower Zip

50677-4366

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

187500.00

Current Approval Amount

187500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25124

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

131 Tower Park Dr, Ste 100

Servicing Lender City

WATERLOO

Servicing Lender State

IA

Servicing Lender Zip

50701-9374

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Waverly

Project County Name

BREMER

Project State

IA

Project Zip

50677-4366

CD

IA-02

Jobs Reported

16

NAICS Code

326299

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

187499.00

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

25124

Originating Lender

Farmers State Bank

Originating Lender City

WATERLOO

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

188203.12

Forgiveness Date

07/19/2021

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