PPP Loan information for Strand's, inc.

$152,300

Strand's, inc. was initially approved for PPP Loan of amount $152,300, the current approved amount is $152,300. The loan was approved on 04/09/2020 by The Pinnacle Bank reported 11 jobs and $152,300 was used to fund payroll.

Strand's, inc. is Existing or more than 2 years old

PPP Loan Search / IA / Marshalltown / Strand's, inc.

STRAND'S, INC.

Date Approved

04/09/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

STRAND'S, INC.

Borrower Address

11 East Meadow Lane

Borrower City

Marshalltown

Borrower State

IA

Borrower Zip

50158

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

152300.00

Current Approval Amount

152300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25526

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

2206 S Center St

Servicing Lender City

MARSHALLTOWN

Servicing Lender State

IA

Servicing Lender Zip

50158-5961

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Marshalltown

Project County Name

MARSHALL

Project State

IA

Project Zip

50158-0001

CD

IA-04

Jobs Reported

11

NAICS Code

444120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

19037.00

Payroll Proceed

114225.00

Mortgage Interest Proceed

19038.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

25526

Originating Lender

Pinnacle Bank

Originating Lender City

MARSHALLTOWN

Originating Lender State

IA

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

153756.24

Forgiveness Date

03/31/2021

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