PPP Loan information for Michael folsom

$20,832

Michael folsom was initially approved for PPP Loan of amount $20,832, the current approved amount is $20,832. The loan was approved on 03/25/2021 by The First Security Bank reported 1 jobs and $20,832 was used to fund payroll.

Michael folsom is Existing or more than 2 years old

MICHAEL FOLSOM

Date Approved

03/25/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

MICHAEL FOLSOM

Borrower Address

2909 Humbolt Ave

Borrower City

Hornick

Borrower State

IA

Borrower Zip

51026-8013

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20832.00

Current Approval Amount

20832.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25225

Servicing Lender Name

First Security Bank

Servicing Lender Address

401 Main St

Servicing Lender City

MAPLETON

Servicing Lender State

IA

Servicing Lender Zip

51034-1212

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hornick

Project County Name

WOODBURY

Project State

IA

Project Zip

51026-8013

CD

IA-04

Jobs Reported

1

NAICS Code

111150

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

20831.00

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

25225

Originating Lender

First Security Bank

Originating Lender City

MAPLETON

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20884.51

Forgiveness Date

06/30/2021

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