PPP Loan information for Automotive service center, inc.

$35,000

Automotive service center, inc. was initially approved for PPP Loan of amount $35,000, the current approved amount is $35,000. The loan was approved on 04/10/2020 by The Northwest Bank reported 4 jobs and $35,000 was used to fund payroll.

Automotive service center, inc. is Existing or more than 2 years old

PPP Loan Search / IA / STORM LAKE / Automotive service center, inc.

AUTOMOTIVE SERVICE CENTER, INC.

Date Approved

04/10/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

AUTOMOTIVE SERVICE CENTER, INC.

Borrower Address

404 W 7th St

Borrower City

STORM LAKE

Borrower State

IA

Borrower Zip

50588-1855

Loan Status Date

11/07/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

35000.00

Current Approval Amount

35000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82664

Servicing Lender Name

Northwest Bank

Servicing Lender Address

705 Grand Ave

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-3707

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STORM LAKE

Project County Name

BUENA VISTA

Project State

IA

Project Zip

50588-1855

CD

IA-04

Jobs Reported

4

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2500.00

Payroll Proceed

30000.00

Mortgage Interest Proceed

2500.00

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

82664

Originating Lender

Northwest Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

35185.69

Forgiveness Date

10/29/2020

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