PPP Loan information for Nih homes, llc

$295,000

Nih homes, llc was initially approved for PPP Loan of amount $295,000, the current approved amount is $295,000. The loan was approved on 04/11/2020 by The MidWestOne Bank reported 25 jobs and $295,000 was used to fund payroll.

Nih homes, llc is Existing or more than 2 years old

NIH HOMES, LLC

Date Approved

04/11/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NIH HOMES, LLC

Borrower Address

6840 213th Ave

Borrower City

ELK RIVER

Borrower State

MN

Borrower Zip

55330

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

295000.00

Current Approval Amount

295000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELK RIVER

Project County Name

SHERBURNE

Project State

MN

Project Zip

55330-0001

CD

MN-06

Jobs Reported

25

NAICS Code

236115

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

18437.50

Payroll Proceed

221250.00

Mortgage Interest Proceed

18437.50

Rent Proceed

18437.50

Refinance EIDL Proceed

0.00

Health Care Proceed

18437.50

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

297466.53

Forgiveness Date

02/11/2021

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