PPP Loan information for Cole magnussen

$20,833

Cole magnussen was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 03/27/2021 by The Citizens First National Bank reported 1 jobs and $20,833 was used to fund payroll.

Cole magnussen is Existing or more than 2 years old

COLE MAGNUSSEN

Date Approved

03/27/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

COLE MAGNUSSEN

Borrower Address

1567 Highway 10

Borrower City

Sioux Rapids

Borrower State

IA

Borrower Zip

50585-2034

Loan Status Date

02/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20833.00

Current Approval Amount

20833.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25505

Servicing Lender Name

Citizens First National Bank

Servicing Lender Address

E 5th & Lake Ave

Servicing Lender City

STORM LAKE

Servicing Lender State

IA

Servicing Lender Zip

50588

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sioux Rapids

Project County Name

BUENA VISTA

Project State

IA

Project Zip

50585-2034

CD

IA-04

Jobs Reported

1

NAICS Code

111199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20833.00

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

25505

Originating Lender

Citizens First National Bank

Originating Lender City

STORM LAKE

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20982.88

Forgiveness Date

12/15/2021

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