PPP Loan information for Van wert company

$83,817

Van wert company was initially approved for PPP Loan of amount $83,817, the current approved amount is $83,817. The loan was approved on 04/13/2020 by The West Iowa Bank reported 12 jobs and $83,817 was used to fund payroll.

Van wert company is Change of Ownership

VAN WERT COMPANY

Date Approved

04/13/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

VAN WERT COMPANY

Borrower Address

606 8th Street

Borrower City

GRUNDY CENTER

Borrower State

IA

Borrower Zip

50638-1326

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

83817.27

Current Approval Amount

83817.27

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25576

Servicing Lender Name

West Iowa Bank

Servicing Lender Address

319 S Broadway Ave

Servicing Lender City

WEST BEND

Servicing Lender State

IA

Servicing Lender Zip

50597

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Change of Ownership

Project City

GRUNDY CENTER

Project County Name

GRUNDY

Project State

IA

Project Zip

50638-1326

CD

IA-02

Jobs Reported

12

NAICS Code

423720

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

83817.27

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

25576

Originating Lender

West Iowa Bank

Originating Lender City

WEST BEND

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

84354.62

Forgiveness Date

12/08/2020

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