PPP Loan information for Karl pearson

$29,000

Karl pearson was initially approved for PPP Loan of amount $18,900, the current approved amount is $29,000. The loan was approved on 04/27/2020 by The Cherokee State Bank reported 2 jobs and $29,000 was used to fund payroll.

Karl pearson is Existing or more than 2 years old

KARL PEARSON

Date Approved

04/27/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

KARL PEARSON

Borrower Address

2354 520th Street

Borrower City

AURELIA

Borrower State

IA

Borrower Zip

51005-7070

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

18900.00

Current Approval Amount

29000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24759

Servicing Lender Name

Cherokee State Bank

Servicing Lender Address

212 W Willow St

Servicing Lender City

CHEROKEE

Servicing Lender State

IA

Servicing Lender Zip

51012-1857

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AURELIA

Project County Name

CHEROKEE

Project State

IA

Project Zip

51005-7070

CD

IA-04

Jobs Reported

2

NAICS Code

111150

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

29000.00

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

Sole Proprietorship

Originating Lender Location Id

24759

Originating Lender

Cherokee State Bank

Originating Lender City

CHEROKEE

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

29239.95

Forgiveness Date

03/03/2021

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