PPP Loan information for Hometown businesses inc

$96,000

Hometown businesses inc was initially approved for PPP Loan of amount $96,000, the current approved amount is $96,000. The loan was approved on 04/06/2020 by The American Bank, National Association reported 5 jobs and $96,000 was used to fund payroll.

Hometown businesses inc is Existing or more than 2 years old

PPP Loan Search / IA / MERRILL / Hometown businesses inc

HOMETOWN BUSINESSES INC

Date Approved

04/06/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

HOMETOWN BUSINESSES INC

Borrower Address

101 JACKSON ST

Borrower City

MERRILL

Borrower State

IA

Borrower Zip

51038-5002

Loan Status Date

04/02/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

96000.00

Current Approval Amount

96000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25420

Servicing Lender Name

American Bank, National Association

Servicing Lender Address

234 5th Ave SW

Servicing Lender City

LE MARS

Servicing Lender State

IA

Servicing Lender Zip

51031-1917

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MERRILL

Project County Name

PLYMOUTH

Project State

IA

Project Zip

51038-5002

CD

IA-04

Jobs Reported

5

NAICS Code

446110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1000.00

Payroll Proceed

89200.00

Mortgage Interest Proceed

0.00

Rent Proceed

4800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

1000

Business Type

Corporation

Originating Lender Location Id

25420

Originating Lender

American Bank, National Association

Originating Lender City

LE MARS

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

96854.79

Forgiveness Date

03/08/2021

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