PPP Loan information for Red oak lanes

$7,025

Red oak lanes was initially approved for PPP Loan of amount $7,025, the current approved amount is $7,025. The loan was approved on 04/28/2020 by The Houghton State Bank reported 2 jobs and $7,025 was used to fund payroll.

Red oak lanes is Existing or more than 2 years old

RED OAK LANES

Date Approved

04/28/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

RED OAK LANES

Borrower Address

1663 200TH ST

Borrower City

RED OAK

Borrower State

IA

Borrower Zip

51566-4417

Loan Status Date

11/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7025.00

Current Approval Amount

7025.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25408

Servicing Lender Name

Houghton State Bank

Servicing Lender Address

116 Coolbaugh St

Servicing Lender City

RED OAK

Servicing Lender State

IA

Servicing Lender Zip

51566-2273

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RED OAK

Project County Name

MONTGOMERY

Project State

IA

Project Zip

51566-4417

CD

IA-03

Jobs Reported

2

NAICS Code

713950

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

7025.00

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

25408

Originating Lender

Houghton State Bank

Originating Lender City

RED OAK

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

6052.95

Forgiveness Date

10/16/2020

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