PPP Loan information for Rafael morales

$55,933

Rafael morales was initially approved for PPP Loan of amount $35,100, the current approved amount is $55,933. The loan was approved on 06/29/2020 by The Bank Iowa reported 6 jobs and $55,933 was used to fund payroll.

Rafael morales is Existing or more than 2 years old

RAFAEL MORALES

Date Approved

06/29/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

RAFAEL MORALES

Borrower Address

1585 CHESTNUT AVE

Borrower City

CORNING

Borrower State

IA

Borrower Zip

50841-8444

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

35100.00

Current Approval Amount

55933.00

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

CORNING

Project County Name

ADAMS

Project State

IA

Project Zip

50841-8444

CD

IA-03

Jobs Reported

6

NAICS Code

112111

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

55933.00

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

Sole Proprietorship

Originating Lender Location Id

24768

Originating Lender

Bank Iowa

Originating Lender City

WEST DES MOINES

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

56445.72

Forgiveness Date

06/02/2021

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