PPP Loan information for Gerald mergen

$21,292

Gerald mergen was initially approved for PPP Loan of amount $11,900, the current approved amount is $21,292. The loan was approved on 04/28/2020 by The Farmers State Bank reported 1 jobs and $21,292 was used to fund payroll.

Gerald mergen is Existing or more than 2 years old

GERALD MERGEN

Date Approved

04/28/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

GERALD MERGEN

Borrower Address

408 190th St

Borrower City

WHITTEMORE

Borrower State

IA

Borrower Zip

50598

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

11900.00

Current Approval Amount

21292.08

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25608

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

501 E State St

Servicing Lender City

ALGONA

Servicing Lender State

IA

Servicing Lender Zip

50511-2837

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WHITTEMORE

Project County Name

KOSSUTH

Project State

IA

Project Zip

50598-0001

CD

IA-04

Jobs Reported

1

NAICS Code

561499

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

21292.08

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

Sole Proprietorship

Originating Lender Location Id

25608

Originating Lender

Farmers State Bank

Originating Lender City

ALGONA

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

21541.08

Forgiveness Date

06/30/2021

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