Date Approved
04/13/2020
SBA Office Code
0761
Processing Method
PPP
Borrower Name
DRY BASEMENT IOWA, LLC
Borrower Address
25718 250th Street PO BOX 217
Borrower City
DALLAS CENTER
Borrower State
IA
Borrower Zip
50063-8339
Loan Status Date
05/08/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
55000.00
Current Approval Amount
43900.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
25374
Servicing Lender Name
Raccoon Valley Bank
Servicing Lender Address
1202 2nd St
Servicing Lender City
PERRY
Servicing Lender State
Servicing Lender Zip
50220-1506
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
DALLAS
Project State
Project Zip
CD
IA-03
Jobs Reported
7
NAICS Code
236118
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
44315.83
Forgiveness Date
04/01/2021