Date Approved
04/11/2021
SBA Office Code
0736
Processing Method
PPS
Borrower Name
WELAND CLINICAL LABORATORIES
Borrower Address
1911 1st Ave SE
Borrower City
Cedar Rapids
Borrower State
IA
Borrower Zip
52402-5320
Loan Status Date
01/08/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
917609.35
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
24841
Servicing Lender Name
Bankers Trust Company
Servicing Lender Address
453 7th St
Servicing Lender City
DES MOINES
Servicing Lender State
Servicing Lender Zip
50309-4110
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
LINN
Project State
Project Zip
CD
IA-02
Jobs Reported
90
NAICS Code
621511
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
917605.35
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
923969.77
Forgiveness Date
12/23/2021