PPP Loan information for Bemiss distributing co. inc

$229,407

Bemiss distributing co. inc was initially approved for PPP Loan of amount $229,407, the current approved amount is $229,407. The loan was approved on 04/08/2020 by The Bank 1st reported 19 jobs and $229,407 was used to fund payroll.

Bemiss distributing co. inc is Existing or more than 2 years old

PPP Loan Search / IA / West Union / Bemiss distributing co. inc

BEMISS DISTRIBUTING CO. INC

Date Approved

04/08/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

BEMISS DISTRIBUTING CO. INC

Borrower Address

101 S. Industrial Parkway

Borrower City

West Union

Borrower State

IA

Borrower Zip

52175

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

229407.45

Current Approval Amount

229407.45

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25600

Servicing Lender Name

Bank 1st

Servicing Lender Address

115 N Vine St

Servicing Lender City

WEST UNION

Servicing Lender State

IA

Servicing Lender Zip

52175

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

West Union

Project County Name

FAYETTE

Project State

IA

Project Zip

52175-0001

CD

IA-02

Jobs Reported

19

NAICS Code

424810

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

229407.45

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

25600

Originating Lender

Bank 1st

Originating Lender City

WEST UNION

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

230670.76

Forgiveness Date

11/03/2020

;