PPP Loan information for Rmb co inc

$408,000

Rmb co inc was initially approved for PPP Loan of amount $408,000, the current approved amount is $408,000. The loan was approved on 04/27/2020 by The MidWestOne Bank reported 32 jobs and $408,000 was used to fund payroll.

Rmb co inc is New Business or 2 years or less

PPP Loan Search / IA / IOWA CITY / Rmb co inc

RMB CO INC

Date Approved

04/27/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

RMB CO INC

Borrower Address

2804 INDUSTRIAL PARK RD

Borrower City

IOWA CITY

Borrower State

IA

Borrower Zip

52240

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

408000.00

Current Approval Amount

408000.00

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

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

52240-0001

CD

IA-01

Jobs Reported

32

NAICS Code

238220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

408000.00

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

Subchapter S Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

410878.67

Forgiveness Date

01/19/2021

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