PPP Loan information for B & m auto repair

$20,952

B & m auto repair was initially approved for PPP Loan of amount $20,952, the current approved amount is $20,952. The loan was approved on 02/20/2021 by The Midwest Heritage Bank, F.S.B. reported 2 jobs and $20,952 was used to fund payroll.

B & m auto repair is Existing or more than 2 years old

PPP Loan Search / IA / Chariton / B & m auto repair

B & M AUTO REPAIR

Date Approved

02/20/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

B & M AUTO REPAIR

Borrower Address

1302 Court Ave

Borrower City

Chariton

Borrower State

IA

Borrower Zip

50049-1934

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20952.00

Current Approval Amount

20952.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119840

Servicing Lender Name

Midwest Heritage Bank, F.S.B.

Servicing Lender Address

3580 EP True Pkwy, Ste 100

Servicing Lender City

WEST DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50265-7654

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Chariton

Project County Name

LUCAS

Project State

IA

Project Zip

50049-1934

CD

IA-03

Jobs Reported

2

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

20949.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

119840

Originating Lender

Midwest Heritage Bank, F.S.B.

Originating Lender City

WEST DES MOINES

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

21024.75

Forgiveness Date

07/02/2021

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