PPP Loan information for Brandt heating & air conditioning co inc

$518,800

Brandt heating & air conditioning co inc was initially approved for PPP Loan of amount $518,800, the current approved amount is $518,800. The loan was approved on 04/07/2020 by The MidWestOne Bank reported 35 jobs and $518,800 was used to fund payroll.

Brandt heating & air conditioning co inc is Existing or more than 2 years old

PPP Loan Search / IA / IOWA CITY / Brandt heating & air conditioning co inc

BRANDT HEATING & AIR CONDITIONING CO INC

Date Approved

04/07/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

BRANDT HEATING & AIR CONDITIONING CO INC

Borrower Address

2325 Heinz Road

Borrower City

IOWA CITY

Borrower State

IA

Borrower Zip

52240-2603

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

518800.00

Current Approval Amount

518800.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

IOWA CITY

Project County Name

JOHNSON

Project State

IA

Project Zip

52240-2603

CD

IA-01

Jobs Reported

35

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

32425.00

Payroll Proceed

389100.00

Mortgage Interest Proceed

32425.00

Rent Proceed

32425.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

32425

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

522676.59

Forgiveness Date

01/12/2021

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