PPP Loan information for Open gates business development

$670,300

Open gates business development was initially approved for PPP Loan of amount $670,300, the current approved amount is $670,300. The loan was approved on 04/07/2020 by The Hills Bank and Trust Company reported 87 jobs and $670,300 was used to fund payroll.

Open gates business development is Existing or more than 2 years old

PPP Loan Search / IA / KALONA / Open gates business development

OPEN GATES BUSINESS DEVELOPMENT

Date Approved

04/07/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

OPEN GATES BUSINESS DEVELOPMENT

Borrower Address

5195 FARMERS AVE SW

Borrower City

KALONA

Borrower State

IA

Borrower Zip

52247-9292

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

670300.00

Current Approval Amount

670300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25080

Servicing Lender Name

Hills Bank and Trust Company

Servicing Lender Address

131 Main St

Servicing Lender City

HILLS

Servicing Lender State

IA

Servicing Lender Zip

52235

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KALONA

Project County Name

WASHINGTON

Project State

IA

Project Zip

52247-9292

CD

IA-01

Jobs Reported

87

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

670300.00

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

25080

Originating Lender

Hills Bank and Trust Company

Originating Lender City

HILLS

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

673986.65

Forgiveness Date

11/05/2020

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