PPP Loan information for Richard sturm

$28,200

Richard sturm was initially approved for PPP Loan of amount $7,400, the current approved amount is $28,200. The loan was approved on 04/29/2020 by The Bank Midwest reported 3 jobs and $28,200 was used to fund payroll.

Richard sturm is Existing or more than 2 years old

RICHARD STURM

Date Approved

04/29/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

RICHARD STURM

Borrower Address

1021 570TH AVE

Borrower City

ARMSTRONG

Borrower State

IA

Borrower Zip

50514-7500

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7400.00

Current Approval Amount

28200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38258

Servicing Lender Name

Bank Midwest

Servicing Lender Address

1525 18th St

Servicing Lender City

SPIRIT LAKE

Servicing Lender State

IA

Servicing Lender Zip

51360-1023

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ARMSTRONG

Project County Name

EMMET

Project State

IA

Project Zip

50514-7500

CD

IA-04

Jobs Reported

3

NAICS Code

111150

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

28200.00

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

38258

Originating Lender

Bank Midwest

Originating Lender City

SPIRIT LAKE

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

28462.42

Forgiveness Date

04/08/2021

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