PPP Loan information for The exchange

$25,700

The exchange was initially approved for PPP Loan of amount $25,700, the current approved amount is $25,700. The loan was approved on 04/06/2020 by The Pinnacle Bank reported 10 jobs and $25,700 was used to fund payroll.

The exchange is Change of Ownership

THE EXCHANGE

Date Approved

04/06/2020

SBA Office Code

0766

Processing Method

PPP

Borrower Name

THE EXCHANGE

Borrower Address

104 E ARNOLD AVE PO BOX 164

Borrower City

ARNOLD

Borrower State

NE

Borrower Zip

69120-6868

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

25700.00

Current Approval Amount

25700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42565

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

1401 'N' St

Servicing Lender City

LINCOLN

Servicing Lender State

NE

Servicing Lender Zip

68508

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Change of Ownership

Project City

ARNOLD

Project County Name

CUSTER

Project State

NE

Project Zip

69120-6868

CD

NE-03

Jobs Reported

10

NAICS Code

445120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3940.00

Payroll Proceed

16000.00

Mortgage Interest Proceed

4700.00

Rent Proceed

1060.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

42565

Originating Lender

Pinnacle Bank

Originating Lender City

LINCOLN

Originating Lender State

NE

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

25898.46

Forgiveness Date

01/20/2021

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