Date Approved
03/12/2021
SBA Office Code
0761
Processing Method
PPS
Borrower Name
MICHAEL POWERS
Borrower Address
2751 Ralston Ave
Borrower City
Rockwell City
Borrower State
IA
Borrower Zip
50579-7534
Loan Status Date
09/29/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
20684.00
Current Approval Amount
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
Servicing Lender Zip
50586-5006
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
CALHOUN
Project State
Project Zip
CD
IA-04
Jobs Reported
1
NAICS Code
111150
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
20681.00
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
20779.95
Forgiveness Date
08/31/2021