Date Approved
04/04/2020
SBA Office Code
0761
Processing Method
PPP
Borrower Name
VISUAL CONCEPTS, INC
Borrower Address
1791 NW 86th St
Borrower City
CLIVE
Borrower State
IA
Borrower Zip
50325-7101
Loan Status Date
12/15/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
148000.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
82664
Servicing Lender Name
Northwest Bank
Servicing Lender Address
705 Grand Ave
Servicing Lender City
SPENCER
Servicing Lender State
Servicing Lender Zip
51301-3707
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
POLK
Project State
Project Zip
CD
IA-03
Jobs Reported
11
NAICS Code
339950
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1000.00
Payroll Proceed
130000.00
Mortgage Interest Proceed
Rent Proceed
6000.00
Refinance EIDL Proceed
Health Care Proceed
10000.00
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
148949.67
Forgiveness Date
11/30/2020