PPP Loan information for Best auto inc.

$163,692

Best auto inc. was initially approved for PPP Loan of amount $163,692, the current approved amount is $163,692. The loan was approved on 02/07/2021 by The Farmers Trust and Savings Bank reported 14 jobs and $163,692 was used to fund payroll.

Best auto inc. is Existing or more than 2 years old

BEST AUTO INC.

Date Approved

02/07/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

BEST AUTO INC.

Borrower Address

900 S Grand Ave

Borrower City

Spencer

Borrower State

IA

Borrower Zip

51301-5716

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

163692.27

Current Approval Amount

163692.27

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25490

Servicing Lender Name

Farmers Trust and Savings Bank

Servicing Lender Address

125 W 4th St

Servicing Lender City

Spencer

Servicing Lender State

IA

Servicing Lender Zip

51301-3815

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

51301-5716

CD

IA-04

Jobs Reported

14

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

163690.27

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

25490

Originating Lender

Farmers Trust and Savings Bank

Originating Lender City

Spencer

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

164474.36

Forgiveness Date

08/02/2021

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