Date Approved
04/27/2020
SBA Office Code
0761
Processing Method
PPP
Borrower Name
SOUTHWEST DISTRIBUTING COMPANY
Borrower Address
301 INDUSTRIAL PKWY
Borrower City
CRESTON
Borrower State
IA
Borrower Zip
50801-8102
Loan Status Date
01/13/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
205000.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
24821
Servicing Lender Name
Iowa State Savings Bank
Servicing Lender Address
401 W Adams St
Servicing Lender City
Servicing Lender State
Servicing Lender Zip
50801-3110
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
UNION
Project State
Project Zip
CD
IA-03
Jobs Reported
20
NAICS Code
424810
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
6500.00
Payroll Proceed
161180.00
Mortgage Interest Proceed
3200.00
Rent Proceed
17920.00
Refinance EIDL Proceed
Health Care Proceed
16200.00
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Unanswered
Non Profit
Forgiveness Amount
206331.10
Forgiveness Date
12/28/2020