PPP Loan information for Sumner community club

$950,000

Sumner community club was initially approved for PPP Loan of amount $1,317,500, the current approved amount is $950,000. The loan was approved on 04/28/2020 by The Northeast Security Bank reported 79 jobs and $950,000 was used to fund payroll.

Sumner community club is Existing or more than 2 years old

PPP Loan Search / IA / SUMNER / Sumner community club

SUMNER COMMUNITY CLUB

Date Approved

04/28/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

SUMNER COMMUNITY CLUB

Borrower Address

909 W 1ST ST

Borrower City

SUMNER

Borrower State

IA

Borrower Zip

50674-1203

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1317500.00

Current Approval Amount

950000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25019

Servicing Lender Name

Northeast Security Bank

Servicing Lender Address

1150 W 1st St

Servicing Lender City

SUMNER

Servicing Lender State

IA

Servicing Lender Zip

50674-1434

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SUMNER

Project County Name

BREMER

Project State

IA

Project Zip

50674-1203

CD

IA-02

Jobs Reported

79

NAICS Code

622110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

950000.00

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

25019

Originating Lender

Northeast Security Bank

Originating Lender City

SUMNER

Originating Lender State

IA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

957626.03

Forgiveness Date

03/03/2021

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