PPP Loan information for The business letter inc

$75,464

The business letter inc was initially approved for PPP Loan of amount $75,464, the current approved amount is $75,464. The loan was approved on 01/21/2021 by The Earlham Savings Bank reported 6 jobs and $75,464 was used to fund payroll.

The business letter inc is Existing or more than 2 years old

THE BUSINESS LETTER INC

Date Approved

01/21/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

THE BUSINESS LETTER INC

Borrower Address

7705 University Ave

Borrower City

Clive

Borrower State

IA

Borrower Zip

50325-1249

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

75463.50

Current Approval Amount

75463.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24949

Servicing Lender Name

Earlham Savings Bank

Servicing Lender Address

7300 Lake Dr

Servicing Lender City

WEST DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50266-2502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Clive

Project County Name

POLK

Project State

IA

Project Zip

50325-1249

CD

IA-03

Jobs Reported

6

NAICS Code

323111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

75457.50

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

24949

Originating Lender

Earlham Savings Bank

Originating Lender City

WEST DES MOINES

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

75775.69

Forgiveness Date

06/30/2021

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