PPP Loan information for Don's motor mart

$58,222

Don's motor mart was initially approved for PPP Loan of amount $58,222, the current approved amount is $58,222. The loan was approved on 04/07/2020 by The Farmers Trust & Savings Bank reported 31 jobs and $58,222 was used to fund payroll.

Don's motor mart is Existing or more than 2 years old

DON'S MOTOR MART

Date Approved

04/07/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

DON'S MOTOR MART

Borrower Address

401 W Main St

Borrower City

LAKE MILLS

Borrower State

IA

Borrower Zip

50450-1423

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

58221.95

Current Approval Amount

58221.95

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24626

Servicing Lender Name

Farmers Trust & Savings Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

BUFFALO CENTER

Servicing Lender State

IA

Servicing Lender Zip

50424

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAKE MILLS

Project County Name

WINNEBAGO

Project State

IA

Project Zip

50450-1423

CD

IA-04

Jobs Reported

31

NAICS Code

447110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

58221.95

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

Limited Liability Company(LLC)

Originating Lender Location Id

24626

Originating Lender

Farmers Trust & Savings Bank

Originating Lender City

BUFFALO CENTER

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

58577.66

Forgiveness Date

11/27/2020

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