PPP Loan information for Preucil school of music

$228,300

Preucil school of music was initially approved for PPP Loan of amount $236,400, the current approved amount is $228,300. The loan was approved on 04/13/2020 by The Hills Bank and Trust Company reported 83 jobs and $228,300 was used to fund payroll.

Preucil school of music is Existing or more than 2 years old

PPP Loan Search / IA / IOWA CITY / Preucil school of music

PREUCIL SCHOOL OF MUSIC

Date Approved

04/13/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

PREUCIL SCHOOL OF MUSIC

Borrower Address

524 N JOHNSON ST

Borrower City

IOWA CITY

Borrower State

IA

Borrower Zip

52245-2840

Loan Status Date

03/26/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

236400.00

Current Approval Amount

228300.00

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

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

IOWA CITY

Project County Name

JOHNSON

Project State

IA

Project Zip

52245-2840

CD

IA-01

Jobs Reported

83

NAICS Code

611710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

228300.00

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

25080

Originating Lender

Hills Bank and Trust Company

Originating Lender City

HILLS

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

230253.23

Forgiveness Date

02/25/2021

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