PPP Loan information for Adel auto parts corp

$20,113

Adel auto parts corp was initially approved for PPP Loan of amount $20,113, the current approved amount is $20,113. The loan was approved on 04/28/2020 by The Lincoln Savings Bank reported 3 jobs and $20,113 was used to fund payroll.

Adel auto parts corp is Existing or more than 2 years old

ADEL AUTO PARTS CORP

Date Approved

04/28/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

ADEL AUTO PARTS CORP

Borrower Address

809 MAIN ST

Borrower City

ADEL

Borrower State

IA

Borrower Zip

50003-1450

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20112.50

Current Approval Amount

20112.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25416

Servicing Lender Name

Lincoln Savings Bank

Servicing Lender Address

508 Main Street PO Box E

Servicing Lender City

Reinbeck

Servicing Lender State

IA

Servicing Lender Zip

50669

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ADEL

Project County Name

DALLAS

Project State

IA

Project Zip

50003-1450

CD

IA-03

Jobs Reported

3

NAICS Code

441310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

20112.50

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

25416

Originating Lender

Lincoln Savings Bank

Originating Lender City

Reinbeck

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

20278.36

Forgiveness Date

03/03/2021

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