PPP Loan information for Atlantic motor supply, inc.

$59,691

Atlantic motor supply, inc. was initially approved for PPP Loan of amount $59,691, the current approved amount is $59,691. The loan was approved on 04/05/2020 by The First Whitney Bank & Trust reported 6 jobs and $59,691 was used to fund payroll.

Atlantic motor supply, inc. is Existing or more than 2 years old

ATLANTIC MOTOR SUPPLY, INC.

Date Approved

04/05/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

ATLANTIC MOTOR SUPPLY, INC.

Borrower Address

CHESTNUT ST

Borrower City

ATLANTIC

Borrower State

IA

Borrower Zip

50022-0010

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

59691.00

Current Approval Amount

59691.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24570

Servicing Lender Name

First Whitney Bank & Trust

Servicing Lender Address

223 Chestnut St

Servicing Lender City

ATLANTIC

Servicing Lender State

IA

Servicing Lender Zip

50022-1062

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ATLANTIC

Project County Name

CASS

Project State

IA

Project Zip

50022-0010

CD

IA-03

Jobs Reported

6

NAICS Code

441310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

59691.00

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

24570

Originating Lender

First Whitney Bank & Trust

Originating Lender City

ATLANTIC

Originating Lender State

IA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

59988.64

Forgiveness Date

10/13/2020

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