PPP Loan information for Food bank of iowa

$375,000

Food bank of iowa was initially approved for PPP Loan of amount $375,000, the current approved amount is $375,000. The loan was approved on 04/06/2020 by The Freedom Financial Bank reported 39 jobs and $375,000 was used to fund payroll.

Food bank of iowa is Existing or more than 2 years old

PPP Loan Search / IA / DES MOINES / Food bank of iowa

FOOD BANK OF IOWA

Date Approved

04/06/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

FOOD BANK OF IOWA

Borrower Address

2220 E 17th Street

Borrower City

DES MOINES

Borrower State

IA

Borrower Zip

50316-2114

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

375000.00

Current Approval Amount

375000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123481

Servicing Lender Name

Freedom Financial Bank

Servicing Lender Address

1255 Jordan Creek Pkwy

Servicing Lender City

WEST DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50266-2344

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DES MOINES

Project County Name

POLK

Project State

IA

Project Zip

50316-2114

CD

IA-03

Jobs Reported

39

NAICS Code

624210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10000.00

Payroll Proceed

355000.00

Mortgage Interest Proceed

10000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

123481

Originating Lender

Freedom Financial Bank

Originating Lender City

WEST DES MOINES

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

377562.50

Forgiveness Date

12/17/2020

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