PPP Loan information for Slager appliance co

$181,000

Slager appliance co was initially approved for PPP Loan of amount $181,000, the current approved amount is $181,000. The loan was approved on 04/05/2020 by The MidWestOne Bank reported 21 jobs and $181,000 was used to fund payroll.

Slager appliance co is Existing or more than 2 years old

SLAGER APPLIANCE CO

Date Approved

04/05/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

SLAGER APPLIANCE CO

Borrower Address

425 Highway 1 West

Borrower City

IOWA CITY

Borrower State

IA

Borrower Zip

52246

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

181000.00

Current Approval Amount

181000.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

IOWA CITY

Project County Name

JOHNSON

Project State

IA

Project Zip

52246-0001

CD

IA-01

Jobs Reported

21

NAICS Code

443141

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

11312.50

Payroll Proceed

135750.00

Mortgage Interest Proceed

11312.50

Rent Proceed

11312.50

Refinance EIDL Proceed

0.00

Health Care Proceed

11312.50

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

182091.03

Forgiveness Date

11/19/2020

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