PPP Loan information for Lone tree health care center, inc

$318,000

Lone tree health care center, inc was initially approved for PPP Loan of amount $318,000, the current approved amount is $318,000. The loan was approved on 04/08/2020 by The Farmers & Merchants Savings Bank reported 47 jobs and $318,000 was used to fund payroll.

Lone tree health care center, inc is Existing or more than 2 years old

PPP Loan Search / IA / LONE TREE / Lone tree health care center, inc

LONE TREE HEALTH CARE CENTER, INC

Date Approved

04/08/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

LONE TREE HEALTH CARE CENTER, INC

Borrower Address

501 E PIONEER RD

Borrower City

LONE TREE

Borrower State

IA

Borrower Zip

52755-7721

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

318000.00

Current Approval Amount

318000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25202

Servicing Lender Name

Farmers & Merchants Savings Bank

Servicing Lender Address

2235 Mormon Trek Blvd

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52246-4436

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LONE TREE

Project County Name

JOHNSON

Project State

IA

Project Zip

52755-7721

CD

IA-01

Jobs Reported

47

NAICS Code

623110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

18000.00

Payroll Proceed

300000.00

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

25202

Originating Lender

Farmers & Merchants Savings Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

319873.15

Forgiveness Date

11/19/2020

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