PPP Loan information for Riceville community rest home

$209,972

Riceville community rest home was initially approved for PPP Loan of amount $209,972, the current approved amount is $209,972. The loan was approved on 04/28/2020 by The First Security Bank & Trust Company reported 39 jobs and $209,972 was used to fund payroll.

Riceville community rest home is Existing or more than 2 years old

RICEVILLE COMMUNITY REST HOME

Date Approved

04/28/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

RICEVILLE COMMUNITY REST HOME

Borrower Address

915 WOODLAND AVE

Borrower City

RICEVILLE

Borrower State

IA

Borrower Zip

50466-7507

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

209972.02

Current Approval Amount

209972.02

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24745

Servicing Lender Name

First Security Bank & Trust Company

Servicing Lender Address

809 Clark St

Servicing Lender City

CHARLES CITY

Servicing Lender State

IA

Servicing Lender Zip

50616-2217

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RICEVILLE

Project County Name

HOWARD

Project State

IA

Project Zip

50466-7507

CD

IA-02

Jobs Reported

39

NAICS Code

623110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

41994.40

Payroll Proceed

167977.62

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

24745

Originating Lender

First Security Bank & Trust Company

Originating Lender City

CHARLES CITY

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

211150.20

Forgiveness Date

11/25/2020

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