PPP Loan information for Aero race wheels, inc.

$277,200

Aero race wheels, inc. was initially approved for PPP Loan of amount $357,900, the current approved amount is $277,200. The loan was approved on 04/09/2020 by The First State Bank reported 19 jobs and $277,200 was used to fund payroll.

Aero race wheels, inc. is Existing or more than 2 years old

PPP Loan Search / IA / ESTHERVILLE / Aero race wheels, inc.

AERO RACE WHEELS, INC.

Date Approved

04/09/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

AERO RACE WHEELS, INC.

Borrower Address

703 S 28TH ST

Borrower City

ESTHERVILLE

Borrower State

IA

Borrower Zip

51334-7483

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

357900.00

Current Approval Amount

277200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25569

Servicing Lender Name

First State Bank

Servicing Lender Address

505 Second St

Servicing Lender City

WEBSTER CITY

Servicing Lender State

IA

Servicing Lender Zip

50595-1507

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ESTHERVILLE

Project County Name

EMMET

Project State

IA

Project Zip

51334-7483

CD

IA-04

Jobs Reported

19

NAICS Code

336390

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

277200.00

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

25569

Originating Lender

First State Bank

Originating Lender City

WEBSTER CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

280222.62

Forgiveness Date

05/19/2021

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