PPP Loan information for Small city resource institute

$38,083

Small city resource institute was initially approved for PPP Loan of amount $38,083, the current approved amount is $38,083. The loan was approved on 04/13/2020 by The Midstates Bank, National Association reported 5 jobs and $38,083 was used to fund payroll.

Small city resource institute is New Business or 2 years or less

SMALL CITY RESOURCE INSTITUTE

Date Approved

04/13/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

SMALL CITY RESOURCE INSTITUTE

Borrower Address

119 N Elm St

Borrower City

AVOCA

Borrower State

IA

Borrower Zip

51521-3552

Loan Status Date

06/03/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38083.00

Current Approval Amount

38083.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25068

Servicing Lender Name

Midstates Bank, National Association

Servicing Lender Address

1851 Madison Ave, Ste 732

Servicing Lender City

COUNCIL BLUFFS

Servicing Lender State

IA

Servicing Lender Zip

51503-3602

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

AVOCA

Project County Name

POTTAWATTAMIE

Project State

IA

Project Zip

51521-3552

CD

IA-04

Jobs Reported

5

NAICS Code

541110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

38083.00

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

25068

Originating Lender

Midstates Bank, National Association

Originating Lender City

COUNCIL BLUFFS

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

38351.70

Forgiveness Date

12/31/2020

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