PPP Loan information for The northway corporation

$376,044

The northway corporation was initially approved for PPP Loan of amount $414,407, the current approved amount is $376,044. The loan was approved on 04/27/2020 by The BankIowa reported 20 jobs and $376,044 was used to fund payroll.

The northway corporation is Existing or more than 2 years old

THE NORTHWAY CORPORATION

Date Approved

04/27/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

THE NORTHWAY CORPORATION

Borrower Address

4895 8TH AVE

Borrower City

MARION

Borrower State

IA

Borrower Zip

52302-3832

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

414407.00

Current Approval Amount

376044.00

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

MARION

Project County Name

LINN

Project State

IA

Project Zip

52302-3832

CD

IA-02

Jobs Reported

20

NAICS Code

237110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

376044.00

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

25325

Originating Lender

BankIowa

Originating Lender City

CEDAR RAPIDS

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

378822.55

Forgiveness Date

01/26/2021

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