PPP Loan information for Rural employment alternatives inc.

$86,500

Rural employment alternatives inc. was initially approved for PPP Loan of amount $86,500, the current approved amount is $86,500. The loan was approved on 01/20/2021 by The Farmers Trust & Savings Bank reported 12 jobs and $86,500 was used to fund payroll.

Rural employment alternatives inc. is Existing or more than 2 years old

PPP Loan Search / IA / Conroy / Rural employment alternatives inc.

RURAL EMPLOYMENT ALTERNATIVES INC.

Date Approved

01/20/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

RURAL EMPLOYMENT ALTERNATIVES INC.

Borrower Address

495 4th Ave

Borrower City

Conroy

Borrower State

IA

Borrower Zip

52220-7717

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

86500.00

Current Approval Amount

86500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25610

Servicing Lender Name

Farmers Trust & Savings Bank

Servicing Lender Address

510 Elm St

Servicing Lender City

WILLIAMSBURG

Servicing Lender State

IA

Servicing Lender Zip

52361

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Conroy

Project County Name

IOWA

Project State

IA

Project Zip

52220-7717

CD

IA-01

Jobs Reported

12

NAICS Code

561311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

86500.00

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

Non-Profit Organization

Originating Lender Location Id

25610

Originating Lender

Farmers Trust & Savings Bank

Originating Lender City

WILLIAMSBURG

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

86956.53

Forgiveness Date

08/13/2021

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