PPP Loan information for Asher motor company. inc.

$222,500

Asher motor company. inc. was initially approved for PPP Loan of amount $222,500, the current approved amount is $222,500. The loan was approved on 04/04/2020 by The Community State Bank reported 18 jobs and $222,500 was used to fund payroll.

Asher motor company. inc. is Existing or more than 2 years old

PPP Loan Search / IA / SPENCER / Asher motor company. inc.

ASHER MOTOR COMPANY. INC.

Date Approved

04/04/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

ASHER MOTOR COMPANY. INC.

Borrower Address

228 11TH STREET SE PLZ

Borrower City

SPENCER

Borrower State

IA

Borrower Zip

51301-6000

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

222500.00

Current Approval Amount

222500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24536

Servicing Lender Name

Community State Bank

Servicing Lender Address

1812 Hwy Blvd

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-2211

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPENCER

Project County Name

CLAY

Project State

IA

Project Zip

51301-6000

CD

IA-04

Jobs Reported

18

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3000.00

Payroll Proceed

195600.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

23900.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

24536

Originating Lender

Community State Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

225176.18

Forgiveness Date

06/22/2021

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