PPP Loan information for The powder shop, inc.

$188,900

The powder shop, inc. was initially approved for PPP Loan of amount $188,900, the current approved amount is $188,900. The loan was approved on 04/06/2020 by The Community Savings Bank reported 24 jobs and $188,900 was used to fund payroll.

The powder shop, inc. is Existing or more than 2 years old

PPP Loan Search / IA / CEDAR RAPIDS / The powder shop, inc.

THE POWDER SHOP, INC.

Date Approved

04/06/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

THE POWDER SHOP, INC.

Borrower Address

6700 6TH STREET SW

Borrower City

CEDAR RAPIDS

Borrower State

IA

Borrower Zip

52404-4718

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

188900.00

Current Approval Amount

188900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24953

Servicing Lender Name

Community Savings Bank

Servicing Lender Address

101 E Union St

Servicing Lender City

EDGEWOOD

Servicing Lender State

IA

Servicing Lender Zip

52042-8194

Rural Urban Indicator

U

Hubzone Indicator

Y

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

52404-4718

CD

IA-02

Jobs Reported

24

NAICS Code

332812

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

188900.00

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

24953

Originating Lender

Community Savings Bank

Originating Lender City

EDGEWOOD

Originating Lender State

IA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

191477.32

Forgiveness Date

08/26/2021

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