PPP Loan information for Michael klostermann

$2,000

Michael klostermann was initially approved for PPP Loan of amount $2,000, the current approved amount is $2,000. The loan was approved on 07/10/2020 by The Farmers & Merchants Savings Bank reported 1 jobs and $2,000 was used to fund payroll.

Michael klostermann is Existing or more than 2 years old

MICHAEL KLOSTERMANN

Date Approved

07/10/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

MICHAEL KLOSTERMANN

Borrower Address

423 N Main St

Borrower City

DUNDEE

Borrower State

IA

Borrower Zip

52038-8605

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000.00

Current Approval Amount

2000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25211

Servicing Lender Name

Farmers & Merchants Savings Bank

Servicing Lender Address

101 E Main St

Servicing Lender City

MANCHESTER

Servicing Lender State

IA

Servicing Lender Zip

52057-1736

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DUNDEE

Project County Name

DELAWARE

Project State

IA

Project Zip

52038-8605

CD

IA-02

Jobs Reported

1

NAICS Code

238350

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2000.00

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

25211

Originating Lender

Farmers & Merchants Savings Bank

Originating Lender City

MANCHESTER

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2006.22

Forgiveness Date

11/02/2020

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