PPP Loan information for Bill & ray's auto service, inc.

$288,800

Bill & ray's auto service, inc. was initially approved for PPP Loan of amount $288,800, the current approved amount is $288,800. The loan was approved on 04/09/2020 by The Bank Iowa reported 26 jobs and $288,800 was used to fund payroll.

Bill & ray's auto service, inc. is Existing or more than 2 years old

BILL & RAY'S AUTO SERVICE, INC.

Date Approved

04/09/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

BILL & RAY'S AUTO SERVICE, INC.

Borrower Address

2455 HIGHWAY 23

Borrower City

OSKALOOSA

Borrower State

IA

Borrower Zip

52577-9321

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

288800.00

Current Approval Amount

288800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24768

Servicing Lender Name

Bank Iowa

Servicing Lender Address

1150 Jordan Creek Pkwy

Servicing Lender City

WEST DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50266-5831

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OSKALOOSA

Project County Name

MAHASKA

Project State

IA

Project Zip

52577-9321

CD

IA-01

Jobs Reported

26

NAICS Code

488999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4000.00

Payroll Proceed

276800.00

Mortgage Interest Proceed

4000.00

Rent Proceed

4000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

24768

Originating Lender

Bank Iowa

Originating Lender City

WEST DES MOINES

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

290877.76

Forgiveness Date

12/31/2020

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