PPP Loan information for Loftus heating, inc

$86,000

Loftus heating, inc was initially approved for PPP Loan of amount $86,000, the current approved amount is $86,000. The loan was approved on 04/10/2020 by The Community Bank reported 8 jobs and $86,000 was used to fund payroll.

Loftus heating, inc is Existing or more than 2 years old

LOFTUS HEATING, INC

Date Approved

04/10/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

LOFTUS HEATING, INC

Borrower Address

420 East 7th St

Borrower City

LOGAN

Borrower State

IA

Borrower Zip

51546-1352

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

86000.00

Current Approval Amount

86000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24935

Servicing Lender Name

Community Bank

Servicing Lender Address

601 Iowa Ave

Servicing Lender City

DUNLAP

Servicing Lender State

IA

Servicing Lender Zip

51529-1333

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LOGAN

Project County Name

HARRISON

Project State

IA

Project Zip

51546-1352

CD

IA-04

Jobs Reported

8

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

86000.00

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

24935

Originating Lender

Community Bank

Originating Lender City

DUNLAP

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

78489.37

Forgiveness Date

12/03/2020

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