PPP Loan information for I-80 power, inc,

$354,167

I-80 power, inc, was initially approved for PPP Loan of amount $354,167, the current approved amount is $354,167. The loan was approved on 04/07/2020 by The Luana Savings Bank reported 17 jobs and $354,167 was used to fund payroll.

I-80 power, inc, is Existing or more than 2 years old

PPP Loan Search / IA / MADRID / I-80 power, inc,

I-80 POWER, INC,

Date Approved

04/07/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

I-80 POWER, INC,

Borrower Address

2057 340th St. 2057

Borrower City

MADRID

Borrower State

IA

Borrower Zip

50156-7434

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

354166.67

Current Approval Amount

354166.67

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25205

Servicing Lender Name

Luana Savings Bank

Servicing Lender Address

100 Harvest Dr

Servicing Lender City

LUANA

Servicing Lender State

IA

Servicing Lender Zip

52156-4700

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MADRID

Project County Name

DALLAS

Project State

IA

Project Zip

50156-7434

CD

IA-04

Jobs Reported

17

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

12500.00

Payroll Proceed

339666.67

Mortgage Interest Proceed

2000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25205

Originating Lender

Luana Savings Bank

Originating Lender City

LUANA

Originating Lender State

IA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

357600.12

Forgiveness Date

03/31/2021

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