PPP Loan information for Capitol resources inc

$360,414

Capitol resources inc was initially approved for PPP Loan of amount $360,414, the current approved amount is $360,414. The loan was approved on 04/10/2020 by The Grinnell State Bank reported 57 jobs and $360,414 was used to fund payroll.

Capitol resources inc is Existing or more than 2 years old

PPP Loan Search / IA / BROOKLYN / Capitol resources inc

CAPITOL RESOURCES INC

Date Approved

04/10/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

CAPITOL RESOURCES INC

Borrower Address

109 West Front St

Borrower City

BROOKLYN

Borrower State

IA

Borrower Zip

52211-9496

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

360414.37

Current Approval Amount

360414.37

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25054

Servicing Lender Name

Grinnell State Bank

Servicing Lender Address

814 4th Ave

Servicing Lender City

GRINNELL

Servicing Lender State

IA

Servicing Lender Zip

50112-2041

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BROOKLYN

Project County Name

POWESHIEK

Project State

IA

Project Zip

52211-9496

CD

IA-02

Jobs Reported

57

NAICS Code

561421

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1500.00

Payroll Proceed

348914.37

Mortgage Interest Proceed

5000.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

25054

Originating Lender

Grinnell State Bank

Originating Lender City

GRINNELL

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

362506.78

Forgiveness Date

11/19/2020

;