PPP Loan information for Whiting commercial development corp

$710,800

Whiting commercial development corp was initially approved for PPP Loan of amount $710,800, the current approved amount is $710,800. The loan was approved on 04/13/2020 by The Northwest Bank reported 88 jobs and $710,800 was used to fund payroll.

Whiting commercial development corp is Existing or more than 2 years old

PPP Loan Search / IA / WHITING / Whiting commercial development corp

WHITING COMMERCIAL DEVELOPMENT CORP

Date Approved

04/13/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

WHITING COMMERCIAL DEVELOPMENT CORP

Borrower Address

200 Shannon Dr

Borrower City

WHITING

Borrower State

IA

Borrower Zip

51063-1002

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

710800.00

Current Approval Amount

710800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82664

Servicing Lender Name

Northwest Bank

Servicing Lender Address

705 Grand Ave

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-3707

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WHITING

Project County Name

MONONA

Project State

IA

Project Zip

51063-1002

CD

IA-04

Jobs Reported

88

NAICS Code

623110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

30000.00

Payroll Proceed

620000.00

Mortgage Interest Proceed

60800.00

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

82664

Originating Lender

Northwest Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

715321.48

Forgiveness Date

12/09/2020

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