PPP Loan information for Foundations unlimited, inc.

$228,500

Foundations unlimited, inc. was initially approved for PPP Loan of amount $228,500, the current approved amount is $228,500. The loan was approved on 04/06/2020 by The MidWestOne Bank reported 18 jobs and $228,500 was used to fund payroll.

Foundations unlimited, inc. is Existing or more than 2 years old

FOUNDATIONS UNLIMITED, INC.

Date Approved

04/06/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

FOUNDATIONS UNLIMITED, INC.

Borrower Address

607 A Ave

Borrower City

KALONA

Borrower State

IA

Borrower Zip

52247-9760

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

228500.00

Current Approval Amount

228500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KALONA

Project County Name

WASHINGTON

Project State

IA

Project Zip

52247-9760

CD

IA-01

Jobs Reported

18

NAICS Code

238110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

14281.25

Payroll Proceed

171375.00

Mortgage Interest Proceed

14281.25

Rent Proceed

14281.25

Refinance EIDL Proceed

0.00

Health Care Proceed

14281.25

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

230239.14

Forgiveness Date

01/19/2021

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