PPP Loan information for Lowary distributing inc

$4,167

Lowary distributing inc was initially approved for PPP Loan of amount $4,167, the current approved amount is $4,167. The loan was approved on 03/25/2021 by The Farmers & Merchants Bank & Trust reported 1 jobs and $4,167 was used to fund payroll.

Lowary distributing inc is Existing or more than 2 years old

LOWARY DISTRIBUTING INC

Date Approved

03/25/2021

SBA Office Code

0736

Processing Method

PPP

Borrower Name

LOWARY DISTRIBUTING INC

Borrower Address

2202 Miller St

Borrower City

Burlington

Borrower State

IA

Borrower Zip

52601-6401

Loan Status Date

04/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

4166.67

Current Approval Amount

4166.67

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24636

Servicing Lender Name

Farmers & Merchants Bank & Trust

Servicing Lender Address

221 Jefferson St

Servicing Lender City

BURLINGTON

Servicing Lender State

IA

Servicing Lender Zip

52601-5213

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Burlington

Project County Name

DES MOINES

Project State

IA

Project Zip

52601-6401

CD

IA-01

Jobs Reported

1

NAICS Code

424410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

4163.67

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

Subchapter S Corporation

Originating Lender Location Id

24636

Originating Lender

Farmers & Merchants Bank & Trust

Originating Lender City

BURLINGTON

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4178.59

Forgiveness Date

07/13/2021

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