PPP Loan information for Groovy katz inc

$138,392

Groovy katz inc was initially approved for PPP Loan of amount $138,392, the current approved amount is $138,392. The loan was approved on 02/26/2021 by The Central State Bank reported 19 jobs and $138,392 was used to fund payroll.

Groovy katz inc is Existing or more than 2 years old

GROOVY KATZ INC

Date Approved

02/26/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

GROOVY KATZ INC

Borrower Address

1565 S 1st Ave

Borrower City

Iowa City

Borrower State

IA

Borrower Zip

52240-6057

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

138392.00

Current Approval Amount

138392.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24965

Servicing Lender Name

Central State Bank

Servicing Lender Address

102 N Main St

Servicing Lender City

ELKADER

Servicing Lender State

IA

Servicing Lender Zip

52043

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

52240-6057

CD

IA-01

Jobs Reported

19

NAICS Code

812112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

138390.00

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

24965

Originating Lender

Central State Bank

Originating Lender City

ELKADER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

139063.11

Forgiveness Date

09/07/2021

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