PPP Loan information for Alternative rain irrigation inc

$47,491

Alternative rain irrigation inc was initially approved for PPP Loan of amount $47,491, the current approved amount is $47,491. The loan was approved on 04/07/2020 by The VisionBank of Iowa reported 8 jobs and $47,491 was used to fund payroll.

Alternative rain irrigation inc is Existing or more than 2 years old

ALTERNATIVE RAIN IRRIGATION INC

Date Approved

04/07/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

ALTERNATIVE RAIN IRRIGATION INC

Borrower Address

8080 SW Cherry Street Ste 101

Borrower City

ANKENY

Borrower State

IA

Borrower Zip

50023

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47491.20

Current Approval Amount

47491.20

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25336

Servicing Lender Name

VisionBank of Iowa

Servicing Lender Address

104 Chestnut St

Servicing Lender City

AMES

Servicing Lender State

IA

Servicing Lender Zip

50010-8058

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANKENY

Project County Name

POLK

Project State

IA

Project Zip

50023-0001

CD

IA-03

Jobs Reported

8

NAICS Code

221310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2491.20

Payroll Proceed

38000.00

Mortgage Interest Proceed

7000.00

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

25336

Originating Lender

VisionBank of Iowa

Originating Lender City

AMES

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

47888.28

Forgiveness Date

02/09/2021

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