PPP Loan information for Emerson inc

$50,000

Emerson inc was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 04/05/2020 by The Decorah Bank & Trust Company reported 16 jobs and $50,000 was used to fund payroll.

Emerson inc is Existing or more than 2 years old

PPP Loan Search / IA / DECORAH / Emerson inc

EMERSON INC

Date Approved

04/05/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

EMERSON INC

Borrower Address

804 Short Street

Borrower City

DECORAH

Borrower State

IA

Borrower Zip

52101-2410

Loan Status Date

11/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24832

Servicing Lender Name

Decorah Bank & Trust Company

Servicing Lender Address

202 E Water St

Servicing Lender City

DECORAH

Servicing Lender State

IA

Servicing Lender Zip

52101-1804

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DECORAH

Project County Name

WINNESHIEK

Project State

IA

Project Zip

52101-2410

CD

IA-02

Jobs Reported

16

NAICS Code

452319

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

50000.00

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

Corporation

Originating Lender Location Id

24832

Originating Lender

Decorah Bank & Trust Company

Originating Lender City

DECORAH

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

50261.64

Forgiveness Date

10/22/2020

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