PPP Loan information for Wayland mennonite home association

$360,795

Wayland mennonite home association was initially approved for PPP Loan of amount $360,795, the current approved amount is $360,795. The loan was approved on 04/15/2020 by The Wayland State Bank reported 41 jobs and $360,795 was used to fund payroll.

Wayland mennonite home association is Existing or more than 2 years old

WAYLAND MENNONITE HOME ASSOCIATION

Date Approved

04/15/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

WAYLAND MENNONITE HOME ASSOCIATION

Borrower Address

508 W MAIN ST

Borrower City

WAYLAND

Borrower State

IA

Borrower Zip

52654-9717

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

360795.00

Current Approval Amount

360795.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25565

Servicing Lender Name

Wayland State Bank

Servicing Lender Address

301 S Main

Servicing Lender City

MOUNT PLEASANT

Servicing Lender State

IA

Servicing Lender Zip

52641-2226

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAYLAND

Project County Name

HENRY

Project State

IA

Project Zip

52654-9717

CD

IA-01

Jobs Reported

41

NAICS Code

623311

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

360795.00

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

Non-Profit Organization

Originating Lender Location Id

25565

Originating Lender

Wayland State Bank

Originating Lender City

MOUNT PLEASANT

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

362959.77

Forgiveness Date

11/27/2020

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