Young Men's Christian Association of Spencer, Iowa

$282,400 PPP Loan in Spencer, Iowa

Loan Details

Loan Number
5230817010
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$282,400
Current Approval
$282,400
Forgiveness Amount
$284,745
Forgiveness Date
Feb 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Young Men's Christian Association of Spencer, Iowa
Address
1001 11th Ave
State
Iowa
ZIP Code
51301-3013
Business Type
Non-Profit Organization
Industry (NAICS)
Arts, Entertainment, and Recreation (713940)
Business Age
Existing or more than 2 years old
Jobs Reported
135
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$261,400
Rent
$1,000
Utilities
$18,000
Debt Interest
$2,000

Lender Information

Servicing Lender
Community State Bank
Originating Lender
Community State Bank

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