PPP Loan information for Michael powers

$16,547

Michael powers was initially approved for PPP Loan of amount $16,547, the current approved amount is $16,547. The loan was approved on 05/05/2020 by The Heartland Bank reported 2 jobs and $16,547 was used to fund payroll.

Michael powers is Existing or more than 2 years old

MICHAEL POWERS

Date Approved

05/05/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MICHAEL POWERS

Borrower Address

2751 Ralston Avenue

Borrower City

Rockwell City

Borrower State

IA

Borrower Zip

50579-7534

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

16547.00

Current Approval Amount

16547.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25488

Servicing Lender Name

Heartland Bank

Servicing Lender Address

615 6th Ave

Servicing Lender City

SOMERS

Servicing Lender State

IA

Servicing Lender Zip

50586-5006

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rockwell City

Project County Name

CALHOUN

Project State

IA

Project Zip

50579-7534

CD

IA-04

Jobs Reported

2

NAICS Code

111150

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

16547.00

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

25488

Originating Lender

Heartland Bank

Originating Lender City

SOMERS

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

16635.25

Forgiveness Date

11/17/2020

;