PPP Loan information for Foundation service corp

$835,145

Foundation service corp was initially approved for PPP Loan of amount $835,145, the current approved amount is $835,145. The loan was approved on 04/16/2020 by The Lincoln Savings Bank reported 42 jobs and $835,145 was used to fund payroll.

Foundation service corp is Existing or more than 2 years old

PPP Loan Search / IA / HUDSON / Foundation service corp

FOUNDATION SERVICE CORP

Date Approved

04/16/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

FOUNDATION SERVICE CORP

Borrower Address

220 WATERLOO ROAD

Borrower City

HUDSON

Borrower State

IA

Borrower Zip

50643-9717

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

835145.00

Current Approval Amount

835145.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25416

Servicing Lender Name

Lincoln Savings Bank

Servicing Lender Address

508 Main Street PO Box E

Servicing Lender City

Reinbeck

Servicing Lender State

IA

Servicing Lender Zip

50669

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUDSON

Project County Name

BLACK HAWK

Project State

IA

Project Zip

50643-9717

CD

IA-02

Jobs Reported

42

NAICS Code

237310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

835145.00

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

25416

Originating Lender

Lincoln Savings Bank

Originating Lender City

Reinbeck

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

839599.11

Forgiveness Date

11/03/2020

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