PPP Loan information for Thomas mergen

$22,064

Thomas mergen was initially approved for PPP Loan of amount $5,300, the current approved amount is $22,064. The loan was approved on 05/08/2020 by The Farmers State Bank reported 3 jobs and $22,064 was used to fund payroll.

Thomas mergen is Existing or more than 2 years old

PPP Loan Search / IA / ALGONA / Thomas mergen

THOMAS MERGEN

Date Approved

05/08/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

THOMAS MERGEN

Borrower Address

1803 210th Street

Borrower City

ALGONA

Borrower State

IA

Borrower Zip

50511

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

5300.00

Current Approval Amount

22063.91

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25608

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

501 E State St

Servicing Lender City

ALGONA

Servicing Lender State

IA

Servicing Lender Zip

50511-2837

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALGONA

Project County Name

KOSSUTH

Project State

IA

Project Zip

50511-0001

CD

IA-04

Jobs Reported

3

NAICS Code

111150

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

22063.91

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

Sole Proprietorship

Originating Lender Location Id

25608

Originating Lender

Farmers State Bank

Originating Lender City

ALGONA

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

22326.23

Forgiveness Date

07/15/2021

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