PPP Loan information for Ameriherb international inc

$89,000

Ameriherb international inc was initially approved for PPP Loan of amount $89,000, the current approved amount is $89,000. The loan was approved on 04/11/2020 by The Bank Iowa reported 30 jobs and $89,000 was used to fund payroll.

Ameriherb international inc is Existing or more than 2 years old

AMERIHERB INTERNATIONAL INC

Date Approved

04/11/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

AMERIHERB INTERNATIONAL INC

Borrower Address

803 E LINCOLN WAY

Borrower City

AMES

Borrower State

IA

Borrower Zip

50010-6524

Loan Status Date

11/06/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

89000.00

Current Approval Amount

89000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24768

Servicing Lender Name

Bank Iowa

Servicing Lender Address

1150 Jordan Creek Pkwy

Servicing Lender City

WEST DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50266-5831

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

AMES

Project County Name

STORY

Project State

IA

Project Zip

50010-6524

CD

IA-04

Jobs Reported

30

NAICS Code

424990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2600.00

Payroll Proceed

72000.00

Mortgage Interest Proceed

6000.00

Rent Proceed

8400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

24768

Originating Lender

Bank Iowa

Originating Lender City

WEST DES MOINES

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

89442.53

Forgiveness Date

10/13/2020

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