PPP Loan information for Grinnell area arts council

$12,183

Grinnell area arts council was initially approved for PPP Loan of amount $12,183, the current approved amount is $12,183. The loan was approved on 06/11/2020 by The Grinnell State Bank reported 6 jobs and $12,183 was used to fund payroll.

Grinnell area arts council is Existing or more than 2 years old

GRINNELL AREA ARTS COUNCIL

Date Approved

06/11/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

GRINNELL AREA ARTS COUNCIL

Borrower Address

926 Broad St

Borrower City

GRINNELL

Borrower State

IA

Borrower Zip

50112-2046

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

12183.00

Current Approval Amount

12183.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25054

Servicing Lender Name

Grinnell State Bank

Servicing Lender Address

814 4th Ave

Servicing Lender City

GRINNELL

Servicing Lender State

IA

Servicing Lender Zip

50112-2041

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRINNELL

Project County Name

POWESHIEK

Project State

IA

Project Zip

50112-2046

CD

IA-02

Jobs Reported

6

NAICS Code

813219

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1000.00

Payroll Proceed

10000.00

Mortgage Interest Proceed

1183.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

25054

Originating Lender

Grinnell State Bank

Originating Lender City

GRINNELL

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

12237.15

Forgiveness Date

11/19/2020

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