PPP Loan information for Fairbank community assisted living

$40,455

Fairbank community assisted living was initially approved for PPP Loan of amount $40,455, the current approved amount is $40,455. The loan was approved on 04/09/2020 by The Northeast Security Bank reported 13 jobs and $40,455 was used to fund payroll.

Fairbank community assisted living is Existing or more than 2 years old

FAIRBANK COMMUNITY ASSISTED LIVING

Date Approved

04/09/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

FAIRBANK COMMUNITY ASSISTED LIVING

Borrower Address

114 FOREST STREET

Borrower City

FAIRBANK

Borrower State

IA

Borrower Zip

50629-0486

Loan Status Date

03/15/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40455.00

Current Approval Amount

40455.00

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

FAIRBANK

Project County Name

BUCHANAN

Project State

IA

Project Zip

50629-0486

CD

IA-02

Jobs Reported

13

NAICS Code

623312

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

40455.00

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

Corporation

Originating Lender Location Id

25019

Originating Lender

Northeast Security Bank

Originating Lender City

SUMNER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40794.16

Forgiveness Date

02/17/2021

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