PPP Loan information for Bur oak land trust

$38,300

Bur oak land trust was initially approved for PPP Loan of amount $32,000, the current approved amount is $38,300. The loan was approved on 04/13/2020 by The MidWestOne Bank reported 4 jobs and $38,300 was used to fund payroll.

Bur oak land trust is Existing or more than 2 years old

BUR OAK LAND TRUST

Date Approved

04/13/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

BUR OAK LAND TRUST

Borrower Address

PO BOX 2523

Borrower City

IOWA CITY

Borrower State

IA

Borrower Zip

52244

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

32000.00

Current Approval Amount

38300.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

IOWA CITY

Project County Name

JOHNSON

Project State

IA

Project Zip

52244-0001

CD

IA-01

Jobs Reported

4

NAICS Code

813312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2393.75

Payroll Proceed

28725.00

Mortgage Interest Proceed

2393.75

Rent Proceed

2393.75

Refinance EIDL Proceed

0.00

Health Care Proceed

2393.75

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

38635.12

Forgiveness Date

03/05/2021

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