PPP Loan information for Lon's plumbing & heating co.

$51,922

Lon's plumbing & heating co. was initially approved for PPP Loan of amount $51,922, the current approved amount is $51,922. The loan was approved on 04/14/2020 by The Lincoln Savings Bank reported 5 jobs and $51,922 was used to fund payroll.

Lon's plumbing & heating co. is Existing or more than 2 years old

LON'S PLUMBING & HEATING CO.

Date Approved

04/14/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

LON'S PLUMBING & HEATING CO.

Borrower Address

516 MAIN ST

Borrower City

REINBECK

Borrower State

IA

Borrower Zip

50669-1052

Loan Status Date

11/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

51922.41

Current Approval Amount

51922.41

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25416

Servicing Lender Name

Lincoln Savings Bank

Servicing Lender Address

508 Main Street PO Box E

Servicing Lender City

Reinbeck

Servicing Lender State

IA

Servicing Lender Zip

50669

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

REINBECK

Project County Name

GRUNDY

Project State

IA

Project Zip

50669-1052

CD

IA-02

Jobs Reported

5

NAICS Code

238220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2500.00

Payroll Proceed

40422.41

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

9000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25416

Originating Lender

Lincoln Savings Bank

Originating Lender City

Reinbeck

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

52166.16

Forgiveness Date

10/08/2020

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