PPP Loan information for Iowa corn processors l.c.

$720,050

Iowa corn processors l.c. was initially approved for PPP Loan of amount $720,050, the current approved amount is $720,050. The loan was approved on 02/07/2021 by The Commerce Bank reported 43 jobs and $720,050 was used to fund payroll.

Iowa corn processors l.c. is Existing or more than 2 years old

IOWA CORN PROCESSORS L.C.

Date Approved

02/07/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

IOWA CORN PROCESSORS L.C.

Borrower Address

20481 Sycamore Ave

Borrower City

Glidden

Borrower State

IA

Borrower Zip

51443-8821

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

720050.00

Current Approval Amount

720050.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40781

Servicing Lender Name

Commerce Bank

Servicing Lender Address

1000 Walnut St, 11th Fl

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64106-2107

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Glidden

Project County Name

CARROLL

Project State

IA

Project Zip

51443-8821

CD

IA-04

Jobs Reported

43

NAICS Code

311211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

720049.00

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

40781

Originating Lender

Commerce Bank

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

725290.36

Forgiveness Date

11/01/2021

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