PPP Loan information for Algona marine & sport, inc

$61,500

Algona marine & sport, inc was initially approved for PPP Loan of amount $61,500, the current approved amount is $61,500. The loan was approved on 04/13/2020 by The Farmers State Bank reported 7 jobs and $61,500 was used to fund payroll.

Algona marine & sport, inc is New Business or 2 years or less

PPP Loan Search / IA / ALGONA / Algona marine & sport, inc

ALGONA MARINE & SPORT, INC

Date Approved

04/13/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

ALGONA MARINE & SPORT, INC

Borrower Address

1417 E Commercial St

Borrower City

ALGONA

Borrower State

IA

Borrower Zip

50511-1923

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

61500.00

Current Approval Amount

61500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25608

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

501 E State St

Servicing Lender City

ALGONA

Servicing Lender State

IA

Servicing Lender Zip

50511-2837

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ALGONA

Project County Name

KOSSUTH

Project State

IA

Project Zip

50511-1923

CD

IA-04

Jobs Reported

7

NAICS Code

713930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

61500.00

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

Corporation

Originating Lender Location Id

25608

Originating Lender

Farmers State Bank

Originating Lender City

ALGONA

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

62038.12

Forgiveness Date

03/01/2021

;