PPP Loan information for Taproot inc

$72,637

Taproot inc was initially approved for PPP Loan of amount $72,637, the current approved amount is $72,637. The loan was approved on 03/27/2021 by The West Bank reported 15 jobs and $72,637 was used to fund payroll.

Taproot inc is Existing or more than 2 years old

TAPROOT INC

Date Approved

03/27/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

TAPROOT INC

Borrower Address

1111 Fairchild St

Borrower City

Iowa City

Borrower State

IA

Borrower Zip

52245-3028

Loan Status Date

02/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

72637.00

Current Approval Amount

72637.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25587

Servicing Lender Name

West Bank

Servicing Lender Address

1601 22nd St

Servicing Lender City

WEST DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50266-1408

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

52245-3028

CD

IA-01

Jobs Reported

15

NAICS Code

611699

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

72635.00

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

Non-Profit Organization

Originating Lender Location Id

25587

Originating Lender

West Bank

Originating Lender City

WEST DES MOINES

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

73230.04

Forgiveness Date

01/31/2022

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