PPP Loan information for Heartland mutual insurance association

$132,000

Heartland mutual insurance association was initially approved for PPP Loan of amount $132,000, the current approved amount is $132,000. The loan was approved on 04/11/2020 by The Northwest Bank reported 9 jobs and $132,000 was used to fund payroll.

Heartland mutual insurance association is Existing or more than 2 years old

HEARTLAND MUTUAL INSURANCE ASSOCIATION

Date Approved

04/11/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

HEARTLAND MUTUAL INSURANCE ASSOCIATION

Borrower Address

101 North Wooster

Borrower City

ALGONA

Borrower State

IA

Borrower Zip

50511

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

132000.00

Current Approval Amount

132000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82664

Servicing Lender Name

Northwest Bank

Servicing Lender Address

705 Grand Ave

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-3707

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALGONA

Project County Name

KOSSUTH

Project State

IA

Project Zip

50511-0001

CD

IA-04

Jobs Reported

9

NAICS Code

524126

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2640.00

Payroll Proceed

113520.00

Mortgage Interest Proceed

0.00

Rent Proceed

3960.00

Refinance EIDL Proceed

0.00

Health Care Proceed

11880.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

82664

Originating Lender

Northwest Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

132803.00

Forgiveness Date

11/27/2020

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