PPP Loan information for Reo furniture sales inc

$10,000

Reo furniture sales inc was initially approved for PPP Loan of amount $10,000, the current approved amount is $10,000. The loan was approved on 04/15/2020 by The Midwest Heritage Bank, F.S.B. reported 1 jobs and $10,000 was used to fund payroll.

Reo furniture sales inc is Existing or more than 2 years old

PPP Loan Search / IA / CLIVE / Reo furniture sales inc

REO FURNITURE SALES INC

Date Approved

04/15/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

REO FURNITURE SALES INC

Borrower Address

1952 NW 142ND ST

Borrower City

CLIVE

Borrower State

IA

Borrower Zip

50325-7770

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

10000.00

Current Approval Amount

10000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119840

Servicing Lender Name

Midwest Heritage Bank, F.S.B.

Servicing Lender Address

3580 EP True Pkwy, Ste 100

Servicing Lender City

WEST DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50265-7654

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLIVE

Project County Name

DALLAS

Project State

IA

Project Zip

50325-7770

CD

IA-03

Jobs Reported

1

NAICS Code

442110

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

7500.00

Mortgage Interest Proceed

0.00

Rent Proceed

2500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

119840

Originating Lender

Midwest Heritage Bank, F.S.B.

Originating Lender City

WEST DES MOINES

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

10049.44

Forgiveness Date

10/20/2020

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