PPP Loan information for Swanson service & repair inc.

$68,200

Swanson service & repair inc. was initially approved for PPP Loan of amount $68,200, the current approved amount is $68,200. The loan was approved on 01/25/2021 by The Raccoon Valley Bank reported 7 jobs and $68,200 was used to fund payroll.

Swanson service & repair inc. is Existing or more than 2 years old

PPP Loan Search / IA / Adel / Swanson service & repair inc.

SWANSON SERVICE & REPAIR INC.

Date Approved

01/25/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

SWANSON SERVICE & REPAIR INC.

Borrower Address

2115 Greene St

Borrower City

Adel

Borrower State

IA

Borrower Zip

50003-1637

Loan Status Date

08/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

68200.00

Current Approval Amount

68200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25374

Servicing Lender Name

Raccoon Valley Bank

Servicing Lender Address

1202 2nd St

Servicing Lender City

PERRY

Servicing Lender State

IA

Servicing Lender Zip

50220-1506

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Adel

Project County Name

DALLAS

Project State

IA

Project Zip

50003-1637

CD

IA-03

Jobs Reported

7

NAICS Code

811310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

68197.00

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

Subchapter S Corporation

Originating Lender Location Id

25374

Originating Lender

Raccoon Valley Bank

Originating Lender City

PERRY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

68450.07

Forgiveness Date

06/15/2021

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