PPP Loan information for B-b automotive

$93,900

B-b automotive was initially approved for PPP Loan of amount $93,900, the current approved amount is $93,900. The loan was approved on 04/07/2020 by The Iowa State Savings Bank reported 10 jobs and $93,900 was used to fund payroll.

B-b automotive is Existing or more than 2 years old

B-B AUTOMOTIVE

Date Approved

04/07/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

B-B AUTOMOTIVE

Borrower Address

410 West Adams Street

Borrower City

CRESTON

Borrower State

IA

Borrower Zip

50801-3109

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

93900.00

Current Approval Amount

93900.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

24821

Servicing Lender Name

Iowa State Savings Bank

Servicing Lender Address

401 W Adams St

Servicing Lender City

CRESTON

Servicing Lender State

IA

Servicing Lender Zip

50801-3110

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CRESTON

Project County Name

UNION

Project State

IA

Project Zip

50801-3109

CD

IA-03

Jobs Reported

10

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2000.00

Payroll Proceed

79900.00

Mortgage Interest Proceed

0.00

Rent Proceed

12000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

24821

Originating Lender

Iowa State Savings Bank

Originating Lender City

CRESTON

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

94597.18

Forgiveness Date

01/07/2021

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