PPP Loan information for Friedman distributing inc

$48,518

Friedman distributing inc was initially approved for PPP Loan of amount $48,518, the current approved amount is $48,518. The loan was approved on 01/31/2021 by The Chelsea Savings Bank reported 8 jobs and $48,518 was used to fund payroll.

Friedman distributing inc is Existing or more than 2 years old

FRIEDMAN DISTRIBUTING INC

Date Approved

01/31/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

FRIEDMAN DISTRIBUTING INC

Borrower Address

606 3rd St

Borrower City

Belle Plaine

Borrower State

IA

Borrower Zip

52208-2106

Loan Status Date

08/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

48518.27

Current Approval Amount

48518.27

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24750

Servicing Lender Name

Chelsea Savings Bank

Servicing Lender Address

601 13th St

Servicing Lender City

BELLE PLAINE

Servicing Lender State

IA

Servicing Lender Zip

52208-1523

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Belle Plaine

Project County Name

BENTON

Project State

IA

Project Zip

52208-2106

CD

IA-02

Jobs Reported

8

NAICS Code

423820

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

48516.27

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

24750

Originating Lender

Chelsea Savings Bank

Originating Lender City

BELLE PLAINE

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

45720.30

Forgiveness Date

07/21/2021

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