PPP Loan information for Octagon center for the arts

$30,488

Octagon center for the arts was initially approved for PPP Loan of amount $30,488, the current approved amount is $30,488. The loan was approved on 04/29/2020 by The VisionBank of Iowa reported 4 jobs and $30,488 was used to fund payroll.

Octagon center for the arts is Existing or more than 2 years old

OCTAGON CENTER FOR THE ARTS

Date Approved

04/29/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

OCTAGON CENTER FOR THE ARTS

Borrower Address

427 Douglas Avenue

Borrower City

AMES

Borrower State

IA

Borrower Zip

50010

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

30487.50

Current Approval Amount

30487.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25336

Servicing Lender Name

VisionBank of Iowa

Servicing Lender Address

104 Chestnut St

Servicing Lender City

AMES

Servicing Lender State

IA

Servicing Lender Zip

50010-8058

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AMES

Project County Name

STORY

Project State

IA

Project Zip

50010-0001

CD

IA-04

Jobs Reported

4

NAICS Code

453920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2487.50

Payroll Proceed

28000.00

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

25336

Originating Lender

VisionBank of Iowa

Originating Lender City

AMES

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

30711.92

Forgiveness Date

01/28/2021

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