PPP Loan information for Sanctuary spa

$280,000

Sanctuary spa was initially approved for PPP Loan of amount $281,700, the current approved amount is $280,000. The loan was approved on 04/08/2020 by The Farmers State Bank reported 60 jobs and $280,000 was used to fund payroll.

Sanctuary spa is Existing or more than 2 years old

PPP Loan Search / IA / CEDAR RAPIDS / Sanctuary spa

SANCTUARY SPA

Date Approved

04/08/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

SANCTUARY SPA

Borrower Address

5100 FOUNTAINS DR NE STE 106

Borrower City

CEDAR RAPIDS

Borrower State

IA

Borrower Zip

52411-6603

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

281700.00

Current Approval Amount

280000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25235

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

1240 8th Ave

Servicing Lender City

MARION

Servicing Lender State

IA

Servicing Lender Zip

52302-3504

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CEDAR RAPIDS

Project County Name

LINN

Project State

IA

Project Zip

52411-6603

CD

IA-02

Jobs Reported

60

NAICS Code

812990

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

35000.00

Payroll Proceed

210000.00

Mortgage Interest Proceed

0.00

Rent Proceed

35000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

25235

Originating Lender

Farmers State Bank

Originating Lender City

MARION

Originating Lender State

IA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

282761.11

Forgiveness Date

04/08/2021

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