PPP Loan information for Iowa drainage, inc.

$193,070

Iowa drainage, inc. was initially approved for PPP Loan of amount $193,070, the current approved amount is $193,070. The loan was approved on 04/07/2020 by The First Bank Hampton reported 17 jobs and $193,070 was used to fund payroll.

Iowa drainage, inc. is Existing or more than 2 years old

IOWA DRAINAGE, INC.

Date Approved

04/07/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

IOWA DRAINAGE, INC.

Borrower Address

1602 250th Street

Borrower City

SHEFFIELD

Borrower State

IA

Borrower Zip

50475-7710

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

193070.00

Current Approval Amount

193070.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25065

Servicing Lender Name

First Bank Hampton

Servicing Lender Address

211 First Ave NW

Servicing Lender City

HAMPTON

Servicing Lender State

IA

Servicing Lender Zip

50441-1706

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SHEFFIELD

Project County Name

FRANKLIN

Project State

IA

Project Zip

50475-7710

CD

IA-04

Jobs Reported

17

NAICS Code

115112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4746.00

Payroll Proceed

165154.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

13170.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25065

Originating Lender

First Bank Hampton

Originating Lender City

HAMPTON

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

194582.82

Forgiveness Date

01/28/2021

;