PPP Loan information for Iowa transportation services

$242,500

Iowa transportation services was initially approved for PPP Loan of amount $242,500, the current approved amount is $242,500. The loan was approved on 06/24/2020 by The Citizens Bank reported 17 jobs and $242,500 was used to fund payroll.

Iowa transportation services is New Business or 2 years or less

PPP Loan Search / IA / CORRECTIONVILLE / Iowa transportation services

IOWA TRANSPORTATION SERVICES

Date Approved

06/24/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

IOWA TRANSPORTATION SERVICES

Borrower Address

506 9TH ST

Borrower City

CORRECTIONVILLE

Borrower State

IA

Borrower Zip

51016-1033

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

242500.00

Current Approval Amount

242500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25432

Servicing Lender Name

Citizens Bank

Servicing Lender Address

500 W Main St

Servicing Lender City

SAC CITY

Servicing Lender State

IA

Servicing Lender Zip

50583-1727

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

CORRECTIONVILLE

Project County Name

WOODBURY

Project State

IA

Project Zip

51016-1033

CD

IA-04

Jobs Reported

17

NAICS Code

484121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

242500.00

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

25432

Originating Lender

Citizens Bank

Originating Lender City

SAC CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

244204.24

Forgiveness Date

03/11/2021

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