PPP Loan information for Vern's true value, inc

$32,474

Vern's true value, inc was initially approved for PPP Loan of amount $32,474, the current approved amount is $32,474. The loan was approved on 04/15/2020 by The BankIowa reported 5 jobs and $32,474 was used to fund payroll.

Vern's true value, inc is Existing or more than 2 years old

PPP Loan Search / IA / INDEPENDENCE / Vern's true value, inc

VERN'S TRUE VALUE, INC

Date Approved

04/15/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

VERN'S TRUE VALUE, INC

Borrower Address

901 3rd Avenue SE

Borrower City

INDEPENDENCE

Borrower State

IA

Borrower Zip

50644

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

32474.00

Current Approval Amount

32474.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25325

Servicing Lender Name

BankIowa

Servicing Lender Address

7045 C Ave NE

Servicing Lender City

CEDAR RAPIDS

Servicing Lender State

IA

Servicing Lender Zip

52402-1378

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

INDEPENDENCE

Project County Name

BUCHANAN

Project State

IA

Project Zip

50644-0001

CD

IA-02

Jobs Reported

5

NAICS Code

444130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

32474.00

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

Cooperative

Originating Lender Location Id

25325

Originating Lender

BankIowa

Originating Lender City

CEDAR RAPIDS

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

32658.02

Forgiveness Date

11/12/2020

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