Date Approved
01/16/2021
SBA Office Code
0761
Processing Method
PPP
Borrower Name
DAVID HERMSTAD
Borrower Address
4730 240th Ave
Borrower City
Webb
Borrower State
IA
Borrower Zip
51366-7500
Loan Status Date
09/16/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
20800.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
24536
Servicing Lender Name
Community State Bank
Servicing Lender Address
1812 Hwy Blvd
Servicing Lender City
SPENCER
Servicing Lender State
Servicing Lender Zip
51301-2211
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
CLAY
Project State
Project Zip
CD
IA-04
Jobs Reported
1
NAICS Code
111150
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
20798.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Sole Proprietorship
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
20930.00
Forgiveness Date
09/01/2021