PPP Loan information for Credit cars inc

$109,800

Credit cars inc was initially approved for PPP Loan of amount $109,700, the current approved amount is $109,800. The loan was approved on 04/04/2020 by The Farmers State Bank reported 12 jobs and $109,800 was used to fund payroll.

Credit cars inc is Existing or more than 2 years old

PPP Loan Search / IA / MARION / Credit cars inc

CREDIT CARS INC

Date Approved

04/04/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

CREDIT CARS INC

Borrower Address

150 7TH AVE

Borrower City

MARION

Borrower State

IA

Borrower Zip

52302-5721

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

109700.00

Current Approval Amount

109800.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

MARION

Project County Name

LINN

Project State

IA

Project Zip

52302-5721

CD

IA-02

Jobs Reported

12

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

109800.00

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

110757.70

Forgiveness Date

02/23/2021

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