Date Approved
04/28/2020
SBA Office Code
0761
Processing Method
PPP
Borrower Name
MICHAEL LEE LORENZEN
Borrower Address
3360 Y AVE
Borrower City
MANILLA
Borrower State
IA
Borrower Zip
51454-7586
Loan Status Date
05/08/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
11598.00
Current Approval Amount
32431.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
24768
Servicing Lender Name
Bank Iowa
Servicing Lender Address
1150 Jordan Creek Pkwy
Servicing Lender City
WEST DES MOINES
Servicing Lender State
Servicing Lender Zip
50266-5831
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
CRAWFORD
Project State
Project Zip
CD
IA-04
Jobs Reported
3
NAICS Code
111110
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Sole Proprietorship
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
32747.20
Forgiveness Date
04/19/2021