PPP Loan information for Agri-industrial plastics co

Date Approved

04/09/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

AGRI-INDUSTRIAL PLASTICS CO

Borrower Address

301 22nd Street

Borrower City

FAIRFIELD

Borrower State

IA

Borrower Zip

52556-2653

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2197700.00

Current Approval Amount

2197700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24991

Servicing Lender Name

Iowa State Bank and Trust Company of Fairfield, Iowa

Servicing Lender Address

55 S 4th St

Servicing Lender City

FAIRFIELD

Servicing Lender State

IA

Servicing Lender Zip

52556-3258

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIRFIELD

Project County Name

JEFFERSON

Project State

IA

Project Zip

52556-2653

CD

IA-01

Jobs Reported

187

NAICS Code

326199

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

100000.00

Payroll Proceed

1800000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

200000.00

Debt Interest Proceed

97700

Business Type

Subchapter S Corporation

Originating Lender Location Id

24991

Originating Lender

Iowa State Bank and Trust Company of Fairfield, Iowa

Originating Lender City

FAIRFIELD

Originating Lender State

IA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

2222240.98

Forgiveness Date

05/25/2021