PPP Loan information for The arc of southeast iowa

$249,800

The arc of southeast iowa was initially approved for PPP Loan of amount $249,800, the current approved amount is $249,800. The loan was approved on 02/02/2021 by The Hills Bank and Trust Company reported 138 jobs and $249,800 was used to fund payroll.

The arc of southeast iowa is Existing or more than 2 years old

THE ARC OF SOUTHEAST IOWA

Date Approved

02/02/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

THE ARC OF SOUTHEAST IOWA

Borrower Address

2620 Muscatine Ave

Borrower City

Iowa City

Borrower State

IA

Borrower Zip

52240-6656

Loan Status Date

01/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

249800.00

Current Approval Amount

249800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25080

Servicing Lender Name

Hills Bank and Trust Company

Servicing Lender Address

131 Main St

Servicing Lender City

HILLS

Servicing Lender State

IA

Servicing Lender Zip

52235

Rural Urban Indicator

U

Hubzone Indicator

Y

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

52240-6656

CD

IA-01

Jobs Reported

138

NAICS Code

624190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

249797.00

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

25080

Originating Lender

Hills Bank and Trust Company

Originating Lender City

HILLS

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

251895.54

Forgiveness Date

12/16/2021

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