PPP Loan information for Mills agency inc

$302,000

Mills agency inc was initially approved for PPP Loan of amount $302,000, the current approved amount is $302,000. The loan was approved on 04/13/2020 by The Cherokee State Bank reported 20 jobs and $302,000 was used to fund payroll.

Mills agency inc is New Business or 2 years or less

MILLS AGENCY INC

Date Approved

04/13/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MILLS AGENCY INC

Borrower Address

612 Seneca Street

Borrower City

STORM LAKE

Borrower State

IA

Borrower Zip

50588-2218

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

302000.00

Current Approval Amount

302000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24759

Servicing Lender Name

Cherokee State Bank

Servicing Lender Address

212 W Willow St

Servicing Lender City

CHEROKEE

Servicing Lender State

IA

Servicing Lender Zip

51012-1857

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

STORM LAKE

Project County Name

BUENA VISTA

Project State

IA

Project Zip

50588-2218

CD

IA-04

Jobs Reported

20

NAICS Code

541219

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

302000.00

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

Corporation

Originating Lender Location Id

24759

Originating Lender

Cherokee State Bank

Originating Lender City

CHEROKEE

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

303687.89

Forgiveness Date

11/12/2020

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