PPP Loan information for Fmcc

$157,700

Fmcc was initially approved for PPP Loan of amount $157,700, the current approved amount is $157,700. The loan was approved on 04/03/2020 by The First Citizens Bank reported 33 jobs and $157,700 was used to fund payroll.

Fmcc is Existing or more than 2 years old

PPP Loan Search / IA / MASON CITY / Fmcc

FMCC

Date Approved

04/03/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

FMCC

Borrower Address

551 s. MONROE AVE

Borrower City

MASON CITY

Borrower State

IA

Borrower Zip

50401-3831

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

157700.00

Current Approval Amount

157700.00

Undisbursed Amount

0.00

Franchise Name

Culver's ButterBurgers & Frozen Custard

Servicing Lender Location Id

24732

Servicing Lender Name

First Citizens Bank

Servicing Lender Address

2601 4th St SW

Servicing Lender City

MASON CITY

Servicing Lender State

IA

Servicing Lender Zip

50401-4650

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MASON CITY

Project County Name

CERRO GORDO

Project State

IA

Project Zip

50401-3831

CD

IA-02

Jobs Reported

33

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10000.00

Payroll Proceed

118275.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

29425

Business Type

Subchapter S Corporation

Originating Lender Location Id

24732

Originating Lender

First Citizens Bank

Originating Lender City

MASON CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

159224.43

Forgiveness Date

03/25/2021

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