PPP Loan information for Michael banks

$20,833

Michael banks was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 01/27/2021 by The VisionBank of Iowa reported 1 jobs and $20,833 was used to fund payroll.

Michael banks is Existing or more than 2 years old

MICHAEL BANKS

Date Approved

01/27/2021

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MICHAEL BANKS

Borrower Address

28684 Hickory Lodge Dr

Borrower City

Van Meter

Borrower State

IA

Borrower Zip

50261-6030

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20833.33

Current Approval Amount

20833.33

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25336

Servicing Lender Name

VisionBank of Iowa

Servicing Lender Address

104 Chestnut St

Servicing Lender City

AMES

Servicing Lender State

IA

Servicing Lender Zip

50010-8058

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Van Meter

Project County Name

DALLAS

Project State

IA

Project Zip

50261-6030

CD

IA-03

Jobs Reported

1

NAICS Code

111150

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

20827.33

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

25336

Originating Lender

VisionBank of Iowa

Originating Lender City

AMES

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20942.13

Forgiveness Date

08/11/2021

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