Date Approved
04/28/2020
SBA Office Code
0761
Processing Method
PPP
Borrower Name
SS MORTON, INC.
Borrower Address
2902 11th Ave SW
Borrower City
SPENCER
Borrower State
IA
Borrower Zip
51301
Loan Status Date
11/07/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
57000.00
Current Approval Amount
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
Servicing Lender State
Servicing Lender Zip
51301-3707
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
CLAY
Project State
Project Zip
51301-0011
CD
IA-04
Jobs Reported
8
NAICS Code
811121
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
3000.00
Payroll Proceed
50000.00
Mortgage Interest Proceed
4000.00
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
57256.50
Forgiveness Date
10/13/2020