PPP Loan information for Michael russell

$20,833

Michael russell was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 02/11/2021 by The Mount Vernon Bank & Trust Company reported 1 jobs and $20,833 was used to fund payroll.

Michael russell is Existing or more than 2 years old

MICHAEL RUSSELL

Date Approved

02/11/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

MICHAEL RUSSELL

Borrower Address

361 Cedar River Rd

Borrower City

Mount Vernon

Borrower State

IA

Borrower Zip

52314-9741

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20833.00

Current Approval Amount

20833.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25280

Servicing Lender Name

Mount Vernon Bank & Trust Company

Servicing Lender Address

206 First St SW

Servicing Lender City

MOUNT VERNON

Servicing Lender State

IA

Servicing Lender Zip

52314-1603

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mount Vernon

Project County Name

LINN

Project State

IA

Project Zip

52314-9741

CD

IA-02

Jobs Reported

1

NAICS Code

112210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

20830.00

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

25280

Originating Lender

Mount Vernon Bank & Trust Company

Originating Lender City

MOUNT VERNON

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

20954.53

Forgiveness Date

09/15/2021

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