PPP Loan information for Albia motor co. inc.

$123,465

Albia motor co. inc. was initially approved for PPP Loan of amount $123,465, the current approved amount is $123,465. The loan was approved on 04/08/2020 by The South Ottumwa Savings Bank reported 16 jobs and $123,465 was used to fund payroll.

Albia motor co. inc. is Existing or more than 2 years old

PPP Loan Search / IA / ALBIA / Albia motor co. inc.

ALBIA MOTOR CO. INC.

Date Approved

04/08/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

ALBIA MOTOR CO. INC.

Borrower Address

114 N CLINTON ST

Borrower City

ALBIA

Borrower State

IA

Borrower Zip

52531-1518

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

123465.00

Current Approval Amount

123465.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25361

Servicing Lender Name

South Ottumwa Savings Bank

Servicing Lender Address

320 Church St

Servicing Lender City

OTTUMWA

Servicing Lender State

IA

Servicing Lender Zip

52501-4211

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALBIA

Project County Name

MONROE

Project State

IA

Project Zip

52531-1518

CD

IA-03

Jobs Reported

16

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

123465.00

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

Corporation

Originating Lender Location Id

25361

Originating Lender

South Ottumwa Savings Bank

Originating Lender City

OTTUMWA

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

114158.40

Forgiveness Date

11/23/2020

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