PPP Loan information for Musactine center for social action

$137,842

Musactine center for social action was initially approved for PPP Loan of amount $137,842, the current approved amount is $137,842. The loan was approved on 04/07/2020 by The MidWestOne Bank reported 21 jobs and $137,842 was used to fund payroll.

Musactine center for social action is Existing or more than 2 years old

MUSACTINE CENTER FOR SOCIAL ACTION

Date Approved

04/07/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

MUSACTINE CENTER FOR SOCIAL ACTION

Borrower Address

312 IOWA AVE

Borrower City

MUSCATINE

Borrower State

IA

Borrower Zip

52761-3836

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

137842.00

Current Approval Amount

137842.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MUSCATINE

Project County Name

MUSCATINE

Project State

IA

Project Zip

52761-3836

CD

IA-01

Jobs Reported

21

NAICS Code

624221

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

27569.00

Payroll Proceed

110273.00

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

Non-Profit Organization

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

138626.93

Forgiveness Date

11/05/2020

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