PPP Loan information for 59 powersports, inc

$12,200

59 powersports, inc was initially approved for PPP Loan of amount $12,200, the current approved amount is $12,200. The loan was approved on 04/06/2020 by The United Community Bank reported 5 jobs and $12,200 was used to fund payroll.

59 powersports, inc is Existing or more than 2 years old

59 POWERSPORTS, INC

Date Approved

04/06/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

59 POWERSPORTS, INC

Borrower Address

1990 HWY 59

Borrower City

SIBLEY

Borrower State

IA

Borrower Zip

51249-7040

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

12200.00

Current Approval Amount

12200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25262

Servicing Lender Name

United Community Bank

Servicing Lender Address

1000 Okoboji Ave

Servicing Lender City

MILFORD

Servicing Lender State

IA

Servicing Lender Zip

51351-1375

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SIBLEY

Project County Name

OSCEOLA

Project State

IA

Project Zip

51249-7040

CD

IA-04

Jobs Reported

5

NAICS Code

441228

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

12200.00

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

Subchapter S Corporation

Originating Lender Location Id

25262

Originating Lender

United Community Bank

Originating Lender City

MILFORD

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

12334.70

Forgiveness Date

05/19/2021

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