PPP Loan information for Anderson automotive, llc

$69,800

Anderson automotive, llc was initially approved for PPP Loan of amount $69,800, the current approved amount is $69,800. The loan was approved on 04/03/2020 by The Heritage Bank reported 6 jobs and $69,800 was used to fund payroll.

Anderson automotive, llc is Existing or more than 2 years old

ANDERSON AUTOMOTIVE, LLC

Date Approved

04/03/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

ANDERSON AUTOMOTIVE, LLC

Borrower Address

300 44th Street

Borrower City

MARION

Borrower State

IA

Borrower Zip

52302-3717

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

69800.00

Current Approval Amount

69800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24836

Servicing Lender Name

Heritage Bank

Servicing Lender Address

695 Marion Blvd

Servicing Lender City

MARION

Servicing Lender State

IA

Servicing Lender Zip

52302-3125

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARION

Project County Name

LINN

Project State

IA

Project Zip

52302-3717

CD

IA-02

Jobs Reported

6

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

48266.00

Mortgage Interest Proceed

0.00

Rent Proceed

13922.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7612.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

24836

Originating Lender

Heritage Bank

Originating Lender City

MARION

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

63120.98

Forgiveness Date

10/15/2020

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