PPP Loan information for Deter motor co.

$293,215

Deter motor co. was initially approved for PPP Loan of amount $293,215, the current approved amount is $293,215. The loan was approved on 04/05/2020 by The First Whitney Bank & Trust reported 23 jobs and $293,215 was used to fund payroll.

Deter motor co. is Existing or more than 2 years old

DETER MOTOR CO.

Date Approved

04/05/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

DETER MOTOR CO.

Borrower Address

PO BOX

Borrower City

ATLANTIC

Borrower State

IA

Borrower Zip

50022-0515

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

293215.00

Current Approval Amount

293215.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24570

Servicing Lender Name

First Whitney Bank & Trust

Servicing Lender Address

223 Chestnut St

Servicing Lender City

ATLANTIC

Servicing Lender State

IA

Servicing Lender Zip

50022-1062

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ATLANTIC

Project County Name

CASS

Project State

IA

Project Zip

50022-0515

CD

IA-03

Jobs Reported

23

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

293215.00

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

24570

Originating Lender

First Whitney Bank & Trust

Originating Lender City

ATLANTIC

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

294869.86

Forgiveness Date

11/03/2020

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