Date Approved
04/11/2020
SBA Office Code
0761
Processing Method
PPP
Borrower Name
MODERN LEASING INC OF IOWA
Borrower Address
8040 University Blvd P.O. Box 1333
Borrower City
CLIVE
Borrower State
IA
Borrower Zip
50325-1118
Loan Status Date
07/09/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
208000.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
24841
Servicing Lender Name
Bankers Trust Company
Servicing Lender Address
453 7th St
Servicing Lender City
DES MOINES
Servicing Lender State
Servicing Lender Zip
50309-4110
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Unanswered
Project City
Project County Name
POLK
Project State
Project Zip
CD
IA-03
Jobs Reported
14
NAICS Code
541611
Race
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
210461.81
Forgiveness Date
06/24/2021