PPP Loan information for Thomas w. lipps

$49,000

Thomas w. lipps was initially approved for PPP Loan of amount $49,000, the current approved amount is $49,000. The loan was approved on 01/17/2021 by The Iowa State Bank reported 4 jobs and $49,000 was used to fund payroll.

Thomas w. lipps is Existing or more than 2 years old

THOMAS W. LIPPS

Date Approved

01/17/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

THOMAS W. LIPPS

Borrower Address

6 E State St

Borrower City

Algona

Borrower State

IA

Borrower Zip

50511-2640

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

49000.00

Current Approval Amount

49000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24540

Servicing Lender Name

Iowa State Bank

Servicing Lender Address

5 E Call St

Servicing Lender City

ALGONA

Servicing Lender State

IA

Servicing Lender Zip

50511-2402

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

50511-2640

CD

IA-04

Jobs Reported

4

NAICS Code

541110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

48998.00

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

Sole Proprietorship

Originating Lender Location Id

24540

Originating Lender

Iowa State Bank

Originating Lender City

ALGONA

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

49215.06

Forgiveness Date

06/29/2021

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