PPP Loan information for The economy advertising company

$1,149,600

The economy advertising company was initially approved for PPP Loan of amount $1,149,600, the current approved amount is $1,149,600. The loan was approved on 04/15/2020 by The Hills Bank and Trust Company reported 94 jobs and $1,149,600 was used to fund payroll.

The economy advertising company is Existing or more than 2 years old

PPP Loan Search / IA / IOWA CITY / The economy advertising company

THE ECONOMY ADVERTISING COMPANY

Date Approved

04/15/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

THE ECONOMY ADVERTISING COMPANY

Borrower Address

2800 HIGHWAY 6 E

Borrower City

IOWA CITY

Borrower State

IA

Borrower Zip

52240-2614

Loan Status Date

11/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1149600.00

Current Approval Amount

1149600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25080

Servicing Lender Name

Hills Bank and Trust Company

Servicing Lender Address

131 Main St

Servicing Lender City

HILLS

Servicing Lender State

IA

Servicing Lender Zip

52235

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

IOWA CITY

Project County Name

JOHNSON

Project State

IA

Project Zip

52240-2614

CD

IA-01

Jobs Reported

94

NAICS Code

541810

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1149600.00

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

Corporation

Originating Lender Location Id

25080

Originating Lender

Hills Bank and Trust Company

Originating Lender City

HILLS

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1162756.53

Forgiveness Date

06/11/2021

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