PPP Loan information for Loren r. bormann

$6,000

Loren r. bormann was initially approved for PPP Loan of amount $6,000, the current approved amount is $6,000. The loan was approved on 02/03/2021 by The First Central State Bank reported 1 jobs and $6,000 was used to fund payroll.

Loren r. bormann is Existing or more than 2 years old

LOREN R. BORMANN

Date Approved

02/03/2021

SBA Office Code

0736

Processing Method

PPP

Borrower Name

LOREN R. BORMANN

Borrower Address

731 W Saint Josephs St

Borrower City

Preston

Borrower State

IA

Borrower Zip

52069-9738

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

6000.00

Current Approval Amount

6000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24910

Servicing Lender Name

First Central State Bank

Servicing Lender Address

914 6th Ave

Servicing Lender City

DE WITT

Servicing Lender State

IA

Servicing Lender Zip

52742-1331

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Preston

Project County Name

JACKSON

Project State

IA

Project Zip

52069-9738

CD

IA-01

Jobs Reported

1

NAICS Code

454390

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

6000.00

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

Sole Proprietorship

Originating Lender Location Id

24910

Originating Lender

First Central State Bank

Originating Lender City

DE WITT

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

6020.05

Forgiveness Date

06/14/2021

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