PPP Loan information for Patch abilities inc

$24,000

Patch abilities inc was initially approved for PPP Loan of amount $24,000, the current approved amount is $24,000. The loan was approved on 04/09/2020 by The Bank Iowa reported 2 jobs and $24,000 was used to fund payroll.

Patch abilities inc is Existing or more than 2 years old

PATCH ABILITIES INC

Date Approved

04/09/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

PATCH ABILITIES INC

Borrower Address

29783 QUAIL RD

Borrower City

WEST UNION

Borrower State

IA

Borrower Zip

52175-9690

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

24000.00

Current Approval Amount

24000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24768

Servicing Lender Name

Bank Iowa

Servicing Lender Address

1150 Jordan Creek Pkwy

Servicing Lender City

WEST DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50266-5831

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST UNION

Project County Name

FAYETTE

Project State

IA

Project Zip

52175-9690

CD

IA-02

Jobs Reported

2

NAICS Code

451130

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

24000.00

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

Subchapter S Corporation

Originating Lender Location Id

24768

Originating Lender

Bank Iowa

Originating Lender City

WEST DES MOINES

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

24162.00

Forgiveness Date

12/17/2020

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