Ivy Lane Corporation

$2,021,700 PPP Loan in West Des Moines, Iowa

Loan Details

Loan Number
5307227009
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$2,021,700
Current Approval
$2,021,700
Forgiveness Amount
$1,924,901
Forgiveness Date
Jan 19, 2022
Term
24 months
Draw
First Draw

Business Information

Business Name
Ivy Lane Corporation
Address
1001 Grand Ave
State
Iowa
ZIP Code
50265-3502
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811198)
Franchise
Valvoline Instant Oil Change
Business Age
Existing or more than 2 years old
Jobs Reported
290
Estimated Revenue
$56.8M
Rural/Urban
Urban
Congressional District
IA-03

Loan Use Breakdown

Payroll
$2,021,700

Lender Information

Servicing Lender
Cibc Bank USA
Originating Lender
Cibc Bank USA

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