PPP Loan information for Nicholas bormann

$20,833

Nicholas bormann was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 03/30/2021 by The Iowa State Bank reported 1 jobs and $20,833 was used to fund payroll.

Nicholas bormann is Existing or more than 2 years old

PPP Loan Search / IA / Algona / Nicholas bormann

NICHOLAS BORMANN

Date Approved

03/30/2021

SBA Office Code

0761

Processing Method

PPP

Borrower Name

NICHOLAS BORMANN

Borrower Address

1619 E McGregor St

Borrower City

Algona

Borrower State

IA

Borrower Zip

50511-3003

Loan Status Date

04/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20833.00

Current Approval Amount

20833.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24540

Servicing Lender Name

Iowa State Bank

Servicing Lender Address

5 E Call St

Servicing Lender City

ALGONA

Servicing Lender State

IA

Servicing Lender Zip

50511-2402

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

50511-3003

CD

IA-04

Jobs Reported

1

NAICS Code

111150

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

20833.00

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

Self-Employed Individuals

Originating Lender Location Id

24540

Originating Lender

Iowa State Bank

Originating Lender City

ALGONA

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

21040.17

Forgiveness Date

03/30/2022

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