PPP Loan information for Acterra group inc

$588,300

Acterra group inc was initially approved for PPP Loan of amount $588,300, the current approved amount is $588,300. The loan was approved on 04/15/2020 by The MidWestOne Bank reported 43 jobs and $588,300 was used to fund payroll.

Acterra group inc is Existing or more than 2 years old

PPP Loan Search / IA / MARION / Acterra group inc

ACTERRA GROUP INC

Date Approved

04/15/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

ACTERRA GROUP INC

Borrower Address

200 35th Street

Borrower City

MARION

Borrower State

IA

Borrower Zip

52302

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

588300.00

Current Approval Amount

588300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARION

Project County Name

LINN

Project State

IA

Project Zip

52302-0001

CD

IA-02

Jobs Reported

43

NAICS Code

332420

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

36768.75

Payroll Proceed

441225.00

Mortgage Interest Proceed

36768.75

Rent Proceed

36768.75

Refinance EIDL Proceed

0.00

Health Care Proceed

36768.75

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

592058.58

Forgiveness Date

12/08/2020

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