Date Approved
05/15/2020
SBA Office Code
0761
Processing Method
PPP
Borrower Name
VERSATILE FLOORING, INC.
Borrower Address
14603 Greenbelt Circle
Borrower City
URBANDALE
Borrower State
IA
Borrower Zip
50323-2529
Loan Status Date
02/09/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
12500.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
25557
Servicing Lender Name
First Bank
Servicing Lender Address
316 E Bremer Ave
Servicing Lender City
WAVERLY
Servicing Lender State
Servicing Lender Zip
50677-3532
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
POLK
Project State
Project Zip
CD
IA-03
Jobs Reported
1
NAICS Code
238290
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
500.00
Payroll Proceed
11500.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
500
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
12591.67
Forgiveness Date
02/10/2021