PPP Loan information for Downtown lounge, inc

$28,900

Downtown lounge, inc was initially approved for PPP Loan of amount $28,900, the current approved amount is $28,900. The loan was approved on 04/28/2020 by The Northeast Security Bank reported 7 jobs and $28,900 was used to fund payroll.

Downtown lounge, inc is Existing or more than 2 years old

PPP Loan Search / IA / FAYETTE / Downtown lounge, inc

DOWNTOWN LOUNGE, INC

Date Approved

04/28/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

DOWNTOWN LOUNGE, INC

Borrower Address

228 S Main St

Borrower City

FAYETTE

Borrower State

IA

Borrower Zip

52142-0336

Loan Status Date

03/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

28900.00

Current Approval Amount

28900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25019

Servicing Lender Name

Northeast Security Bank

Servicing Lender Address

1150 W 1st St

Servicing Lender City

SUMNER

Servicing Lender State

IA

Servicing Lender Zip

50674-1434

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAYETTE

Project County Name

FAYETTE

Project State

IA

Project Zip

52142-0336

CD

IA-02

Jobs Reported

7

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

28900.00

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

Subchapter S Corporation

Originating Lender Location Id

25019

Originating Lender

Northeast Security Bank

Originating Lender City

SUMNER

Originating Lender State

IA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

29122.49

Forgiveness Date

02/11/2021

;