PPP Loan information for Service team of professionals

$137,500

Service team of professionals was initially approved for PPP Loan of amount $137,500, the current approved amount is $137,500. The loan was approved on 04/08/2020 by The VisionBank of Iowa reported 12 jobs and $137,500 was used to fund payroll.

Service team of professionals is Existing or more than 2 years old

SERVICE TEAM OF PROFESSIONALS

Date Approved

04/08/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

SERVICE TEAM OF PROFESSIONALS

Borrower Address

3505 SE Crossroads Drive, Suite A

Borrower City

GRIMES

Borrower State

IA

Borrower Zip

50111-4868

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

137500.00

Current Approval Amount

137500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25336

Servicing Lender Name

VisionBank of Iowa

Servicing Lender Address

104 Chestnut St

Servicing Lender City

AMES

Servicing Lender State

IA

Servicing Lender Zip

50010-8058

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRIMES

Project County Name

POLK

Project State

IA

Project Zip

50111-4868

CD

IA-03

Jobs Reported

12

NAICS Code

561740

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

120500.00

Mortgage Interest Proceed

0.00

Rent Proceed

17000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

25336

Originating Lender

VisionBank of Iowa

Originating Lender City

AMES

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

138649.65

Forgiveness Date

02/09/2021

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