PPP Loan information for Founders on main inc

$86,559

Founders on main inc was initially approved for PPP Loan of amount $86,559, the current approved amount is $86,559. The loan was approved on 02/02/2021 by The Lincoln Savings Bank reported 18 jobs and $86,559 was used to fund payroll.

Founders on main inc is Existing or more than 2 years old

FOUNDERS ON MAIN INC

Date Approved

02/02/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

FOUNDERS ON MAIN INC

Borrower Address

2115 SW White Birch Dr

Borrower City

Ankeny

Borrower State

IA

Borrower Zip

50023-7237

Loan Status Date

01/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

86558.50

Current Approval Amount

86558.50

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

Ankeny

Project County Name

POLK

Project State

IA

Project Zip

50023-7237

CD

IA-03

Jobs Reported

18

NAICS Code

722410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

86554.50

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

25416

Originating Lender

Lincoln Savings Bank

Originating Lender City

Reinbeck

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

87284.17

Forgiveness Date

12/09/2021

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