PPP Loan information for Bowling motors

$336,600

Bowling motors was initially approved for PPP Loan of amount $336,600, the current approved amount is $336,600. The loan was approved on 04/06/2020 by The South Ottumwa Savings Bank reported 25 jobs and $336,600 was used to fund payroll.

Bowling motors is Existing or more than 2 years old

PPP Loan Search / IA / OTTUMWA / Bowling motors

BOWLING MOTORS

Date Approved

04/06/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

BOWLING MOTORS

Borrower Address

14270 Sycamore Road

Borrower City

OTTUMWA

Borrower State

IA

Borrower Zip

52501-9200

Loan Status Date

09/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

336600.00

Current Approval Amount

336600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25361

Servicing Lender Name

South Ottumwa Savings Bank

Servicing Lender Address

320 Church St

Servicing Lender City

OTTUMWA

Servicing Lender State

IA

Servicing Lender Zip

52501-4211

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OTTUMWA

Project County Name

WAPELLO

Project State

IA

Project Zip

52501-9200

CD

IA-03

Jobs Reported

25

NAICS Code

441210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

336600.00

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

Corporation

Originating Lender Location Id

25361

Originating Lender

South Ottumwa Savings Bank

Originating Lender City

OTTUMWA

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

341218.90

Forgiveness Date

08/23/2021

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