PPP Loan information for Methodist manor retirement community

$1,143,009

Methodist manor retirement community was initially approved for PPP Loan of amount $1,143,000, the current approved amount is $1,143,009. The loan was approved on 04/04/2020 by The Central Bank reported 200 jobs and $1,143,009 was used to fund payroll.

Methodist manor retirement community is Existing or more than 2 years old

PPP Loan Search / IA / STORM LAKE / Methodist manor retirement community

METHODIST MANOR RETIREMENT COMMUNITY

Date Approved

04/04/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

METHODIST MANOR RETIREMENT COMMUNITY

Borrower Address

1206 W. 4TH ST

Borrower City

STORM LAKE

Borrower State

IA

Borrower Zip

50588-3002

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1143000.00

Current Approval Amount

1143009.20

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25506

Servicing Lender Name

Central Bank

Servicing Lender Address

600 Lake Ave

Servicing Lender City

STORM LAKE

Servicing Lender State

IA

Servicing Lender Zip

50588-1852

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STORM LAKE

Project County Name

BUENA VISTA

Project State

IA

Project Zip

50588-3002

CD

IA-04

Jobs Reported

200

NAICS Code

623311

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1143009.20

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

Non-Profit Organization

Originating Lender Location Id

25506

Originating Lender

Central Bank

Originating Lender City

STORM LAKE

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1157995.32

Forgiveness Date

08/02/2021

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