PPP Loan information for The wood shop inc

$54,600

The wood shop inc was initially approved for PPP Loan of amount $54,600, the current approved amount is $54,600. The loan was approved on 04/04/2020 by The American State Bank reported 9 jobs and $54,600 was used to fund payroll.

The wood shop inc is Existing or more than 2 years old

THE WOOD SHOP INC

Date Approved

04/04/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

THE WOOD SHOP INC

Borrower Address

1213 Hiway 10 W

Borrower City

ORANGE CITY

Borrower State

IA

Borrower Zip

51041-1500

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

54600.00

Current Approval Amount

54600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25469

Servicing Lender Name

American State Bank

Servicing Lender Address

525 N Main Ave

Servicing Lender City

SIOUX CENTER

Servicing Lender State

IA

Servicing Lender Zip

51250-1823

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ORANGE CITY

Project County Name

SIOUX

Project State

IA

Project Zip

51041-1500

CD

IA-04

Jobs Reported

9

NAICS Code

321999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1000.00

Payroll Proceed

50600.00

Mortgage Interest Proceed

0.00

Rent Proceed

3000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

25469

Originating Lender

American State Bank

Originating Lender City

SIOUX CENTER

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

55166.94

Forgiveness Date

04/28/2021

;