PPP Loan information for Young's painting & decorating inc

$77,000

Young's painting & decorating inc was initially approved for PPP Loan of amount $77,000, the current approved amount is $77,000. The loan was approved on 04/14/2020 by The Farmers State Bank reported 23 jobs and $77,000 was used to fund payroll.

Young's painting & decorating inc is New Business or 2 years or less

PPP Loan Search / IA / INDEPENDENCE / Young's painting & decorating inc

YOUNG'S PAINTING & DECORATING INC

Date Approved

04/14/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

YOUNG'S PAINTING & DECORATING INC

Borrower Address

802 9TH AVE

Borrower City

INDEPENDENCE

Borrower State

IA

Borrower Zip

50644-3112

Loan Status Date

11/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

77000.00

Current Approval Amount

77000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25124

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

131 Tower Park Dr, Ste 100

Servicing Lender City

WATERLOO

Servicing Lender State

IA

Servicing Lender Zip

50701-9374

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

INDEPENDENCE

Project County Name

BUCHANAN

Project State

IA

Project Zip

50644-3112

CD

IA-02

Jobs Reported

23

NAICS Code

238320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

77000.00

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

Subchapter S Corporation

Originating Lender Location Id

25124

Originating Lender

Farmers State Bank

Originating Lender City

WATERLOO

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

77367.89

Forgiveness Date

10/13/2020

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