PPP Loan information for Waterloo warehousing & service

$1,322,559

Waterloo warehousing & service was initially approved for PPP Loan of amount $1,322,559, the current approved amount is $1,322,559. The loan was approved on 04/09/2020 by The Lincoln Savings Bank reported 105 jobs and $1,322,559 was used to fund payroll.

Waterloo warehousing & service is Existing or more than 2 years old

WATERLOO WAREHOUSING & SERVICE

Date Approved

04/09/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

WATERLOO WAREHOUSING & SERVICE

Borrower Address

324 DURYEA ST

Borrower City

WATERLOO

Borrower State

IA

Borrower Zip

50701-5317

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1322559.17

Current Approval Amount

1322559.17

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

WATERLOO

Project County Name

BLACK HAWK

Project State

IA

Project Zip

50701-5317

CD

IA-02

Jobs Reported

105

NAICS Code

493130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

232999.01

Payroll Proceed

913156.16

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

176404.00

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

1332161.31

Forgiveness Date

01/07/2021

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