PPP Loan information for Thorn tree development corporation

$27,500

Thorn tree development corporation was initially approved for PPP Loan of amount $27,500, the current approved amount is $27,500. The loan was approved on 04/29/2020 by The TruBank reported 12 jobs and $27,500 was used to fund payroll.

Thorn tree development corporation is Existing or more than 2 years old

THORN TREE DEVELOPMENT CORPORATION

Date Approved

04/29/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

THORN TREE DEVELOPMENT CORPORATION

Borrower Address

1906 N 9TH ST

Borrower City

INDIANOLA

Borrower State

IA

Borrower Zip

50125-4015

Loan Status Date

11/02/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

27500.00

Current Approval Amount

27500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25206

Servicing Lender Name

TruBank

Servicing Lender Address

1401 N Jefferson

Servicing Lender City

INDIANOLA

Servicing Lender State

IA

Servicing Lender Zip

50125-1463

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

INDIANOLA

Project County Name

WARREN

Project State

IA

Project Zip

50125-4015

CD

IA-01

Jobs Reported

12

NAICS Code

713910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2750.00

Payroll Proceed

22000.00

Mortgage Interest Proceed

2750.00

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

25206

Originating Lender

TruBank

Originating Lender City

INDIANOLA

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

27670.35

Forgiveness Date

12/10/2020

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