PPP Loan information for Hometown foods ltd

$44,500

Hometown foods ltd was initially approved for PPP Loan of amount $44,500, the current approved amount is $44,500. The loan was approved on 04/04/2020 by The GNB Bank reported 23 jobs and $44,500 was used to fund payroll.

Hometown foods ltd is Existing or more than 2 years old

HOMETOWN FOODS LTD

Date Approved

04/04/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

HOMETOWN FOODS LTD

Borrower Address

420 Second Street

Borrower City

TRAER

Borrower State

IA

Borrower Zip

50675-1100

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

44500.00

Current Approval Amount

44500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25057

Servicing Lender Name

GNB Bank

Servicing Lender Address

529 G Ave

Servicing Lender City

GRUNDY CENTER

Servicing Lender State

IA

Servicing Lender Zip

50638-1651

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TRAER

Project County Name

TAMA

Project State

IA

Project Zip

50675-1100

CD

IA-02

Jobs Reported

23

NAICS Code

445110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5562.50

Payroll Proceed

33375.00

Mortgage Interest Proceed

0.00

Rent Proceed

5562.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

25057

Originating Lender

GNB Bank

Originating Lender City

GRUNDY CENTER

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

44834.99

Forgiveness Date

01/07/2021

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