PPP Loan information for Inventory trading company

$943,761

Inventory trading company was initially approved for PPP Loan of amount $943,761, the current approved amount is $943,761. The loan was approved on 02/16/2021 by The Dubuque Bank and Trust Company reported 105 jobs and $943,761 was used to fund payroll.

Inventory trading company is Existing or more than 2 years old

INVENTORY TRADING COMPANY

Date Approved

02/16/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

INVENTORY TRADING COMPANY

Borrower Address

8667 Kapp Dr

Borrower City

Peosta

Borrower State

IA

Borrower Zip

52068-9568

Loan Status Date

04/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

943761.00

Current Approval Amount

943761.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24930

Servicing Lender Name

Dubuque Bank and Trust Company

Servicing Lender Address

1398 Central Ave

Servicing Lender City

DUBUQUE

Servicing Lender State

IA

Servicing Lender Zip

52001-5021

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Peosta

Project County Name

DUBUQUE

Project State

IA

Project Zip

52068-9568

CD

IA-02

Jobs Reported

105

NAICS Code

315990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

943758.00

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

Corporation

Originating Lender Location Id

24930

Originating Lender

Dubuque Bank and Trust Company

Originating Lender City

DUBUQUE

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

953379.61

Forgiveness Date

03/03/2022

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