PPP Loan information for Loving arms early learning center

$79,507

Loving arms early learning center was initially approved for PPP Loan of amount $79,507, the current approved amount is $79,507. The loan was approved on 01/27/2021 by The Hills Bank and Trust Company reported 30 jobs and $79,507 was used to fund payroll.

Loving arms early learning center is Existing or more than 2 years old

LOVING ARMS EARLY LEARNING CENTER

Date Approved

01/27/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

LOVING ARMS EARLY LEARNING CENTER

Borrower Address

2675 E Washington St

Borrower City

Iowa City

Borrower State

IA

Borrower Zip

52245-3727

Loan Status Date

11/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

79507.00

Current Approval Amount

79507.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25080

Servicing Lender Name

Hills Bank and Trust Company

Servicing Lender Address

131 Main St

Servicing Lender City

HILLS

Servicing Lender State

IA

Servicing Lender Zip

52235

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Iowa City

Project County Name

JOHNSON

Project State

IA

Project Zip

52245-3727

CD

IA-01

Jobs Reported

30

NAICS Code

624410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

79505.00

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

Non-Profit Childcare Center

Originating Lender Location Id

25080

Originating Lender

Hills Bank and Trust Company

Originating Lender City

HILLS

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

80079.01

Forgiveness Date

10/25/2021

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