PPP Loan information for Mexico lindo ii, inc

$50,600

Mexico lindo ii, inc was initially approved for PPP Loan of amount $50,600, the current approved amount is $50,600. The loan was approved on 04/08/2020 by The Farmers & Merchants Savings Bank reported 9 jobs and $50,600 was used to fund payroll.

Mexico lindo ii, inc is New Business or 2 years or less

PPP Loan Search / IA / IOWA CITY / Mexico lindo ii, inc

MEXICO LINDO II, INC

Date Approved

04/08/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

MEXICO LINDO II, INC

Borrower Address

1857 LOWER MUSCATINE RD

Borrower City

IOWA CITY

Borrower State

IA

Borrower Zip

52240-3105

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50600.00

Current Approval Amount

50600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25202

Servicing Lender Name

Farmers & Merchants Savings Bank

Servicing Lender Address

2235 Mormon Trek Blvd

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52246-4436

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

IOWA CITY

Project County Name

JOHNSON

Project State

IA

Project Zip

52240-3105

CD

IA-01

Jobs Reported

9

NAICS Code

722511

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

2530.00

Payroll Proceed

37950.00

Mortgage Interest Proceed

0.00

Rent Proceed

10120.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

25202

Originating Lender

Farmers & Merchants Savings Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

50985.39

Forgiveness Date

01/20/2021

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