PPP Loan information for Truncks country foods

$80,534

Truncks country foods was initially approved for PPP Loan of amount $80,534, the current approved amount is $80,534. The loan was approved on 04/07/2020 by The Lincoln Savings Bank reported 42 jobs and $80,534 was used to fund payroll.

Truncks country foods is Existing or more than 2 years old

TRUNCKS COUNTRY FOODS

Date Approved

04/07/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

TRUNCKS COUNTRY FOODS

Borrower Address

606 GRUNDY AVE

Borrower City

REINBECK

Borrower State

IA

Borrower Zip

50669-1034

Loan Status Date

11/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

80534.00

Current Approval Amount

80534.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25416

Servicing Lender Name

Lincoln Savings Bank

Servicing Lender Address

508 Main Street PO Box E

Servicing Lender City

Reinbeck

Servicing Lender State

IA

Servicing Lender Zip

50669

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

REINBECK

Project County Name

GRUNDY

Project State

IA

Project Zip

50669-1034

CD

IA-02

Jobs Reported

42

NAICS Code

445110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6000.00

Payroll Proceed

74534.00

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

Corporation

Originating Lender Location Id

25416

Originating Lender

Lincoln Savings Bank

Originating Lender City

Reinbeck

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

80925.48

Forgiveness Date

10/13/2020

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