PPP Loan information for Locher & davis plc

$118,400

Locher & davis plc was initially approved for PPP Loan of amount $118,400, the current approved amount is $118,400. The loan was approved on 04/04/2020 by The MidWestOne Bank reported 18 jobs and $118,400 was used to fund payroll.

Locher & davis plc is Existing or more than 2 years old

PPP Loan Search / IA / FARLEY / Locher & davis plc

LOCHER & DAVIS PLC

Date Approved

04/04/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

LOCHER & DAVIS PLC

Borrower Address

202 2nd Avenue NW

Borrower City

FARLEY

Borrower State

IA

Borrower Zip

52046-7740

Loan Status Date

11/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

118400.00

Current Approval Amount

118400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FARLEY

Project County Name

DUBUQUE

Project State

IA

Project Zip

52046-7740

CD

IA-02

Jobs Reported

18

NAICS Code

541110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7400.00

Payroll Proceed

88800.00

Mortgage Interest Proceed

7400.00

Rent Proceed

7400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7400.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

120149.69

Forgiveness Date

10/04/2021

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