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
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
Servicing Lender State
Servicing Lender Zip
50010-8058
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
STORY
Project State
Project Zip
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
Health Care Proceed
25000.00
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
312182.02
Forgiveness Date
02/11/2021