PPP Loan information for Spencer prime rib inc.

$102,500

Spencer prime rib inc. was initially approved for PPP Loan of amount $102,500, the current approved amount is $102,500. The loan was approved on 01/21/2021 by The Northwest Bank reported 35 jobs and $102,500 was used to fund payroll.

Spencer prime rib inc. is Existing or more than 2 years old

SPENCER PRIME RIB INC.

Date Approved

01/21/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

SPENCER PRIME RIB INC.

Borrower Address

1205 S Grand Ave

Borrower City

Spencer

Borrower State

IA

Borrower Zip

51301-5913

Loan Status Date

12/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

102500.00

Current Approval Amount

102500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82664

Servicing Lender Name

Northwest Bank

Servicing Lender Address

705 Grand Ave

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-3707

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Spencer

Project County Name

CLAY

Project State

IA

Project Zip

51301-5913

CD

IA-04

Jobs Reported

35

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

102498.00

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

Corporation

Originating Lender Location Id

82664

Originating Lender

Northwest Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Female Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

103339.93

Forgiveness Date

11/22/2021

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