PPP Loan information for U.s. commodities inc

$111,021

U.s. commodities inc was initially approved for PPP Loan of amount $111,021, the current approved amount is $111,021. The loan was approved on 01/25/2021 by The Lincoln Savings Bank reported 5 jobs and $111,021 was used to fund payroll.

U.s. commodities inc is Existing or more than 2 years old

U.S. COMMODITIES INC

Date Approved

01/25/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

U.S. COMMODITIES INC

Borrower Address

1226 Grand Ave Ste 200

Borrower City

West Des Moines

Borrower State

IA

Borrower Zip

50265-3500

Loan Status Date

09/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

111020.62

Current Approval Amount

111020.62

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

West Des Moines

Project County Name

POLK

Project State

IA

Project Zip

50265-3500

CD

IA-03

Jobs Reported

5

NAICS Code

523930

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

111018.62

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

Subchapter S 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

111574.20

Forgiveness Date

08/03/2021

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