PPP Loan information for Storm lake bakery

$41,900

Storm lake bakery was initially approved for PPP Loan of amount $41,900, the current approved amount is $41,900. The loan was approved on 04/16/2020 by The Northwest Bank reported 13 jobs and $41,900 was used to fund payroll.

Storm lake bakery is Existing or more than 2 years old

PPP Loan Search / IA / STORM LAKE / Storm lake bakery

STORM LAKE BAKERY

Date Approved

04/16/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

STORM LAKE BAKERY

Borrower Address

616 Lake Ave

Borrower City

STORM LAKE

Borrower State

IA

Borrower Zip

50588

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41900.00

Current Approval Amount

41900.00

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

STORM LAKE

Project County Name

BUENA VISTA

Project State

IA

Project Zip

50588-0001

CD

IA-04

Jobs Reported

13

NAICS Code

445291

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4190.00

Payroll Proceed

33520.00

Mortgage Interest Proceed

0.00

Rent Proceed

4190.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

82664

Originating Lender

Northwest Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

42410.95

Forgiveness Date

07/07/2021

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