PPP Loan information for Decorah chevrolet cadillac inc.

$368,741

Decorah chevrolet cadillac inc. was initially approved for PPP Loan of amount $368,741, the current approved amount is $368,741. The loan was approved on 04/01/2021 by The Decorah Bank & Trust Company reported 28 jobs and $368,741 was used to fund payroll.

Decorah chevrolet cadillac inc. is Existing or more than 2 years old

DECORAH CHEVROLET CADILLAC INC.

Date Approved

04/01/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

DECORAH CHEVROLET CADILLAC INC.

Borrower Address

1815 State Highway 9

Borrower City

Decorah

Borrower State

IA

Borrower Zip

52101-7505

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

368741.00

Current Approval Amount

368741.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

Servicing Lender Location Id

24832

Servicing Lender Name

Decorah Bank & Trust Company

Servicing Lender Address

202 E Water St

Servicing Lender City

DECORAH

Servicing Lender State

IA

Servicing Lender Zip

52101-1804

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Decorah

Project County Name

WINNESHIEK

Project State

IA

Project Zip

52101-7505

CD

IA-02

Jobs Reported

28

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

368735.00

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

Subchapter S Corporation

Originating Lender Location Id

24832

Originating Lender

Decorah Bank & Trust Company

Originating Lender City

DECORAH

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

370155.35

Forgiveness Date

08/24/2021

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