PPP Loan information for Clayton mercer

$16,300

Clayton mercer was initially approved for PPP Loan of amount $16,300, the current approved amount is $16,300. The loan was approved on 07/07/2020 by The Iowa State Savings Bank reported 1 jobs and $16,300 was used to fund payroll.

Clayton mercer is Existing or more than 2 years old

CLAYTON MERCER

Date Approved

07/07/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

CLAYTON MERCER

Borrower Address

509 S BROOKS ST

Borrower City

LENOX

Borrower State

IA

Borrower Zip

50851-1517

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

16300.00

Current Approval Amount

16300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24821

Servicing Lender Name

Iowa State Savings Bank

Servicing Lender Address

401 W Adams St

Servicing Lender City

CRESTON

Servicing Lender State

IA

Servicing Lender Zip

50801-3110

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LENOX

Project County Name

TAYLOR

Project State

IA

Project Zip

50851-1517

CD

IA-03

Jobs Reported

1

NAICS Code

811121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

16300.00

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

Sole Proprietorship

Originating Lender Location Id

24821

Originating Lender

Iowa State Savings Bank

Originating Lender City

CRESTON

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

16405.84

Forgiveness Date

03/05/2021

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