PPP Loan information for Nicholas j mergen

$20,833

Nicholas j mergen was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 04/09/2021 by The Farmers State Bank reported 1 jobs and $20,833 was used to fund payroll.

Nicholas j mergen is Existing or more than 2 years old

PPP Loan Search / IA / Algona / Nicholas j mergen

NICHOLAS J MERGEN

Date Approved

04/09/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

NICHOLAS J MERGEN

Borrower Address

1803 210th St

Borrower City

Algona

Borrower State

IA

Borrower Zip

50511-7079

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20833.33

Current Approval Amount

20833.33

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25608

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

501 E State St

Servicing Lender City

ALGONA

Servicing Lender State

IA

Servicing Lender Zip

50511-2837

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

50511-7079

CD

IA-04

Jobs Reported

1

NAICS Code

111150

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

20830.33

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

Sole Proprietorship

Originating Lender Location Id

25608

Originating Lender

Farmers State Bank

Originating Lender City

ALGONA

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

20890.04

Forgiveness Date

07/21/2021

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