PPP Loan information for Lee acres inc.

$20,832

Lee acres inc. was initially approved for PPP Loan of amount $20,832, the current approved amount is $20,832. The loan was approved on 04/15/2021 by The Exchange State Bank reported 2 jobs and $20,832 was used to fund payroll.

Lee acres inc. is Existing or more than 2 years old

LEE ACRES INC.

Date Approved

04/15/2021

SBA Office Code

0761

Processing Method

PPP

Borrower Name

LEE ACRES INC.

Borrower Address

111 N Dodge St

Borrower City

Algona

Borrower State

IA

Borrower Zip

50511-2637

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20832.00

Current Approval Amount

20832.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24790

Servicing Lender Name

Exchange State Bank

Servicing Lender Address

104 Main St

Servicing Lender City

COLLINS

Servicing Lender State

IA

Servicing Lender Zip

50055-1028

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Algona

Project County Name

KOSSUTH

Project State

IA

Project Zip

50511-2637

CD

IA-04

Jobs Reported

2

NAICS Code

111150

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

20830.00

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

Subchapter S Corporation

Originating Lender Location Id

24790

Originating Lender

Exchange State Bank

Originating Lender City

COLLINS

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20877.14

Forgiveness Date

07/07/2021

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