PPP Loan information for The longbranch, inc

$300,000

The longbranch, inc was initially approved for PPP Loan of amount $300,000, the current approved amount is $300,000. The loan was approved on 04/15/2020 by The BankIowa reported 75 jobs and $300,000 was used to fund payroll.

The longbranch, inc is Existing or more than 2 years old

PPP Loan Search / IA / CEDAR RAPIDS / The longbranch, inc

THE LONGBRANCH, INC

Date Approved

04/15/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

THE LONGBRANCH, INC

Borrower Address

90 Twixt Town Road N.E.

Borrower City

CEDAR RAPIDS

Borrower State

IA

Borrower Zip

52402

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

300000.00

Current Approval Amount

300000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25325

Servicing Lender Name

BankIowa

Servicing Lender Address

7045 C Ave NE

Servicing Lender City

CEDAR RAPIDS

Servicing Lender State

IA

Servicing Lender Zip

52402-1378

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CEDAR RAPIDS

Project County Name

LINN

Project State

IA

Project Zip

52402-0005

CD

IA-02

Jobs Reported

75

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

300000.00

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

25325

Originating Lender

BankIowa

Originating Lender City

CEDAR RAPIDS

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

302391.67

Forgiveness Date

02/03/2021

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