PPP Loan information for New directions in sales

$126,500

New directions in sales was initially approved for PPP Loan of amount $126,500, the current approved amount is $126,500. The loan was approved on 04/28/2020 by The Northwest Bank reported 10 jobs and $126,500 was used to fund payroll.

New directions in sales is Existing or more than 2 years old

PPP Loan Search / IA / GRIMES / New directions in sales

NEW DIRECTIONS IN SALES

Date Approved

04/28/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

NEW DIRECTIONS IN SALES

Borrower Address

2003 SE 37th St Suite AB

Borrower City

GRIMES

Borrower State

IA

Borrower Zip

50111

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

126500.00

Current Approval Amount

126500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82664

Servicing Lender Name

Northwest Bank

Servicing Lender Address

705 Grand Ave

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-3707

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRIMES

Project County Name

POLK

Project State

IA

Project Zip

50111-0011

CD

IA-03

Jobs Reported

10

NAICS Code

423610

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1200.00

Payroll Proceed

118500.00

Mortgage Interest Proceed

0.00

Rent Proceed

4000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2800.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

82664

Originating Lender

Northwest Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

127508.49

Forgiveness Date

02/16/2021

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