PPP Loan information for Iowa city area development group inc.

$121,500

Iowa city area development group inc. was initially approved for PPP Loan of amount $121,562, the current approved amount is $121,500. The loan was approved on 02/10/2021 by The MidWestOne Bank reported 6 jobs and $121,500 was used to fund payroll.

Iowa city area development group inc. is Existing or more than 2 years old

IOWA CITY AREA DEVELOPMENT GROUP INC.

Date Approved

02/10/2021

SBA Office Code

0736

Processing Method

PPP

Borrower Name

IOWA CITY AREA DEVELOPMENT GROUP INC.

Borrower Address

136 S Dubuque St

Borrower City

Iowa City

Borrower State

IA

Borrower Zip

52240-4009

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

121562.00

Current Approval Amount

121500.00

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

52240-4009

CD

IA-01

Jobs Reported

6

NAICS Code

813910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

121500.00

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

501(c)3 – Non Profit

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

122131.12

Forgiveness Date

08/25/2021

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