PPP Loan information for Highway seven service center inc

$42,250

Highway seven service center inc was initially approved for PPP Loan of amount $42,250, the current approved amount is $42,250. The loan was approved on 04/05/2020 by The First Community Bank reported 5 jobs and $42,250 was used to fund payroll.

Highway seven service center inc is Existing or more than 2 years old

HIGHWAY SEVEN SERVICE CENTER INC

Date Approved

04/05/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

HIGHWAY SEVEN SERVICE CENTER INC

Borrower Address

301 HARLAN Ave

Borrower City

NEWELL

Borrower State

IA

Borrower Zip

50568-7610

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42250.00

Current Approval Amount

42250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25304

Servicing Lender Name

First Community Bank

Servicing Lender Address

119 S Fulton

Servicing Lender City

NEWELL

Servicing Lender State

IA

Servicing Lender Zip

50568-5022

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWELL

Project County Name

BUENA VISTA

Project State

IA

Project Zip

50568-7610

CD

IA-04

Jobs Reported

5

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8450.00

Payroll Proceed

33800.00

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

Subchapter S Corporation

Originating Lender Location Id

25304

Originating Lender

First Community Bank

Originating Lender City

NEWELL

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

42562.18

Forgiveness Date

01/07/2021

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