PPP Loan information for American automotive, inc.

$44,681

American automotive, inc. was initially approved for PPP Loan of amount $44,681, the current approved amount is $44,681. The loan was approved on 04/09/2020 by The First Security State Bank reported 5 jobs and $44,681 was used to fund payroll.

American automotive, inc. is Existing or more than 2 years old

PPP Loan Search / IA / WATERLOO / American automotive, inc.

AMERICAN AUTOMOTIVE, INC.

Date Approved

04/09/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

AMERICAN AUTOMOTIVE, INC.

Borrower Address

1645 LAFAYETTE ST

Borrower City

WATERLOO

Borrower State

IA

Borrower Zip

50703-4907

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

44680.67

Current Approval Amount

44680.67

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24981

Servicing Lender Name

First Security State Bank

Servicing Lender Address

3600 Lafayette Rd

Servicing Lender City

EVANSDALE

Servicing Lender State

IA

Servicing Lender Zip

50707-1128

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WATERLOO

Project County Name

BLACK HAWK

Project State

IA

Project Zip

50703-4907

CD

IA-02

Jobs Reported

5

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

44680.67

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

24981

Originating Lender

First Security State Bank

Originating Lender City

EVANSDALE

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

45008.33

Forgiveness Date

01/07/2021

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