PPP Loan information for Central iowa towing and recovery, inc.

$309,602

Central iowa towing and recovery, inc. was initially approved for PPP Loan of amount $309,602, the current approved amount is $309,602. The loan was approved on 04/08/2020 by The VisionBank of Iowa reported 41 jobs and $309,602 was used to fund payroll.

Central iowa towing and recovery, inc. is Existing or more than 2 years old

CENTRAL IOWA TOWING AND RECOVERY, INC.

Date Approved

04/08/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

CENTRAL IOWA TOWING AND RECOVERY, INC.

Borrower Address

2019 E Lincoln Way

Borrower City

AMES

Borrower State

IA

Borrower Zip

50010-6547

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

309602.00

Current Approval Amount

309602.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25336

Servicing Lender Name

VisionBank of Iowa

Servicing Lender Address

104 Chestnut St

Servicing Lender City

AMES

Servicing Lender State

IA

Servicing Lender Zip

50010-8058

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

AMES

Project County Name

STORY

Project State

IA

Project Zip

50010-6547

CD

IA-04

Jobs Reported

41

NAICS Code

488410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

250000.00

Mortgage Interest Proceed

19602.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

25000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25336

Originating Lender

VisionBank of Iowa

Originating Lender City

AMES

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

312182.02

Forgiveness Date

02/11/2021

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