PPP Loan information for Laffoon and company inc

$350,000

Laffoon and company inc was initially approved for PPP Loan of amount $350,000, the current approved amount is $350,000. The loan was approved on 04/11/2020 by The Earlham Savings Bank reported 38 jobs and $350,000 was used to fund payroll.

Laffoon and company inc is Existing or more than 2 years old

LAFFOON AND COMPANY INC

Date Approved

04/11/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

LAFFOON AND COMPANY INC

Borrower Address

5670 SE 36TH ST

Borrower City

DES MOINES

Borrower State

IA

Borrower Zip

50320-2102

Loan Status Date

01/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

350000.00

Current Approval Amount

350000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24949

Servicing Lender Name

Earlham Savings Bank

Servicing Lender Address

7300 Lake Dr

Servicing Lender City

WEST DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50266-2502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DES MOINES

Project County Name

POLK

Project State

IA

Project Zip

50320-2102

CD

IA-03

Jobs Reported

38

NAICS Code

238110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

350000.00

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

Cooperative

Originating Lender Location Id

24949

Originating Lender

Earlham Savings Bank

Originating Lender City

WEST DES MOINES

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

352435.62

Forgiveness Date

12/31/2020

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