PPP Loan information for Deery brothers ford-lincoln, inc.

$475,000

Deery brothers ford-lincoln, inc. was initially approved for PPP Loan of amount $475,000, the current approved amount is $475,000. The loan was approved on 04/05/2020 by The Peoples Trust and Savings Bank reported 40 jobs and $475,000 was used to fund payroll.

Deery brothers ford-lincoln, inc. is Existing or more than 2 years old

DEERY BROTHERS FORD-LINCOLN, INC.

Date Approved

04/05/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

DEERY BROTHERS FORD-LINCOLN, INC.

Borrower Address

2343 Mormon Trek Blvd

Borrower City

IOWA CITY

Borrower State

IA

Borrower Zip

52246-4311

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

475000.00

Current Approval Amount

475000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25424

Servicing Lender Name

Peoples Trust and Savings Bank

Servicing Lender Address

90 E Railroad St

Servicing Lender City

RIVERSIDE

Servicing Lender State

IA

Servicing Lender Zip

52327

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

IOWA CITY

Project County Name

JOHNSON

Project State

IA

Project Zip

52246-4311

CD

IA-01

Jobs Reported

40

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

475000.00

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

25424

Originating Lender

Peoples Trust and Savings Bank

Originating Lender City

RIVERSIDE

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

478110.27

Forgiveness Date

12/02/2020

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