PPP Loan information for Herb's backhoe, llc

$27,000

Herb's backhoe, llc was initially approved for PPP Loan of amount $27,000, the current approved amount is $27,000. The loan was approved on 04/09/2020 by The Raccoon Valley Bank reported 2 jobs and $27,000 was used to fund payroll.

Herb's backhoe, llc is Existing or more than 2 years old

HERB'S BACKHOE, LLC

Date Approved

04/09/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

HERB'S BACKHOE, LLC

Borrower Address

1518 1ST AVE

Borrower City

PERRY

Borrower State

IA

Borrower Zip

50220-1403

Loan Status Date

06/23/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

27000.00

Current Approval Amount

27000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25374

Servicing Lender Name

Raccoon Valley Bank

Servicing Lender Address

1202 2nd St

Servicing Lender City

PERRY

Servicing Lender State

IA

Servicing Lender Zip

50220-1506

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PERRY

Project County Name

DALLAS

Project State

IA

Project Zip

50220-1403

CD

IA-03

Jobs Reported

2

NAICS Code

237990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

27000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

25374

Originating Lender

Raccoon Valley Bank

Originating Lender City

PERRY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

27347.25

Forgiveness Date

07/28/2021

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