PPP Loan information for University ave maid rite inc

$27,500

University ave maid rite inc was initially approved for PPP Loan of amount $27,500, the current approved amount is $27,500. The loan was approved on 04/15/2020 by The BankIowa reported 20 jobs and $27,500 was used to fund payroll.

University ave maid rite inc is Existing or more than 2 years old

UNIVERSITY AVE MAID RITE INC

Date Approved

04/15/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

UNIVERSITY AVE MAID RITE INC

Borrower Address

2808 Univeristy Avenue

Borrower City

WATERLOO

Borrower State

IA

Borrower Zip

50701

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

27500.00

Current Approval Amount

27500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25325

Servicing Lender Name

BankIowa

Servicing Lender Address

7045 C Ave NE

Servicing Lender City

CEDAR RAPIDS

Servicing Lender State

IA

Servicing Lender Zip

52402-1378

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WATERLOO

Project County Name

BLACK HAWK

Project State

IA

Project Zip

50701-1000

CD

IA-02

Jobs Reported

20

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

27500.00

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

Corporation

Originating Lender Location Id

25325

Originating Lender

BankIowa

Originating Lender City

CEDAR RAPIDS

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

27717.71

Forgiveness Date

02/02/2021

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