PPP Loan information for Iowa mennonite benevolent association

$635,000

Iowa mennonite benevolent association was initially approved for PPP Loan of amount $635,000, the current approved amount is $635,000. The loan was approved on 04/05/2020 by The Hills Bank and Trust Company reported 133 jobs and $635,000 was used to fund payroll.

Iowa mennonite benevolent association is Existing or more than 2 years old

IOWA MENNONITE BENEVOLENT ASSOCIATION

Date Approved

04/05/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

IOWA MENNONITE BENEVOLENT ASSOCIATION

Borrower Address

811 3RD ST

Borrower City

KALONA

Borrower State

IA

Borrower Zip

52247-9370

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

635000.00

Current Approval Amount

635000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25080

Servicing Lender Name

Hills Bank and Trust Company

Servicing Lender Address

131 Main St

Servicing Lender City

HILLS

Servicing Lender State

IA

Servicing Lender Zip

52235

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KALONA

Project County Name

WASHINGTON

Project State

IA

Project Zip

52247-9370

CD

IA-01

Jobs Reported

133

NAICS Code

623311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

635000.00

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

Non-Profit Organization

Originating Lender Location Id

25080

Originating Lender

Hills Bank and Trust Company

Originating Lender City

HILLS

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

638527.78

Forgiveness Date

11/03/2020

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