PPP Loan information for Cassill motors

$505,900

Cassill motors was initially approved for PPP Loan of amount $505,900, the current approved amount is $505,900. The loan was approved on 04/05/2020 by The Farmers State Bank reported 52 jobs and $505,900 was used to fund payroll.

Cassill motors is Existing or more than 2 years old

PPP Loan Search / IA / CEDAR RAPIDS / Cassill motors

CASSILL MOTORS

Date Approved

04/05/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

CASSILL MOTORS

Borrower Address

2939 16TH AVE

Borrower City

CEDAR RAPIDS

Borrower State

IA

Borrower Zip

52404-1432

Loan Status Date

06/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

505900.00

Current Approval Amount

505900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25235

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

1240 8th Ave

Servicing Lender City

MARION

Servicing Lender State

IA

Servicing Lender Zip

52302-3504

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CEDAR RAPIDS

Project County Name

LINN

Project State

IA

Project Zip

52404-1432

CD

IA-02

Jobs Reported

52

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

505900.00

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

25235

Originating Lender

Farmers State Bank

Originating Lender City

MARION

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

511282.21

Forgiveness Date

05/04/2021

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