PPP Loan information for Waverly area development group

$29,900

Waverly area development group was initially approved for PPP Loan of amount $29,900, the current approved amount is $29,900. The loan was approved on 03/31/2021 by The First Bank reported 3 jobs and $29,900 was used to fund payroll.

Waverly area development group is Existing or more than 2 years old

WAVERLY AREA DEVELOPMENT GROUP

Date Approved

03/31/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

WAVERLY AREA DEVELOPMENT GROUP

Borrower Address

118 E Bremer Ave

Borrower City

Waverly

Borrower State

IA

Borrower Zip

50677-3401

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

29900.00

Current Approval Amount

29900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25557

Servicing Lender Name

First Bank

Servicing Lender Address

316 E Bremer Ave

Servicing Lender City

WAVERLY

Servicing Lender State

IA

Servicing Lender Zip

50677-3532

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Waverly

Project County Name

BREMER

Project State

IA

Project Zip

50677-3401

CD

IA-02

Jobs Reported

3

NAICS Code

813410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

29898.00

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

501(c)6 – Non Profit Membership

Originating Lender Location Id

25557

Originating Lender

First Bank

Originating Lender City

WAVERLY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

29971.43

Forgiveness Date

07/06/2021

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