PPP Loan information for The shady rest, inc.

$401,413

The shady rest, inc. was initially approved for PPP Loan of amount $350,000, the current approved amount is $401,413. The loan was approved on 04/04/2020 by The Ohnward Bank & Trust reported 60 jobs and $401,413 was used to fund payroll.

The shady rest, inc. is Existing or more than 2 years old

THE SHADY REST, INC.

Date Approved

04/04/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

THE SHADY REST, INC.

Borrower Address

701 JOHNSON ST

Borrower City

CASCADE

Borrower State

IA

Borrower Zip

52033-7747

Loan Status Date

01/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

350000.00

Current Approval Amount

401413.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24584

Servicing Lender Name

Ohnward Bank & Trust

Servicing Lender Address

332 1st Ave W

Servicing Lender City

CASCADE

Servicing Lender State

IA

Servicing Lender Zip

52033-7721

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CASCADE

Project County Name

DUBUQUE

Project State

IA

Project Zip

52033-7747

CD

IA-02

Jobs Reported

60

NAICS Code

621999

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

10000.00

Payroll Proceed

331413.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

60000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

24584

Originating Lender

Ohnward Bank & Trust

Originating Lender City

CASCADE

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

403755.49

Forgiveness Date

11/13/2020

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