PPP Loan information for Economy auto repair, inc.

$22,100

Economy auto repair, inc. was initially approved for PPP Loan of amount $22,100, the current approved amount is $22,100. The loan was approved on 04/09/2020 by The Farmers State Bank reported 4 jobs and $22,100 was used to fund payroll.

Economy auto repair, inc. is Existing or more than 2 years old

PPP Loan Search / IA / MARION / Economy auto repair, inc.

ECONOMY AUTO REPAIR, INC.

Date Approved

04/09/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

ECONOMY AUTO REPAIR, INC.

Borrower Address

1360 7TH AVE

Borrower City

MARION

Borrower State

IA

Borrower Zip

52302-2607

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

22100.00

Current Approval Amount

22100.00

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

52302-2607

CD

IA-02

Jobs Reported

4

NAICS Code

811111

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

2210.00

Payroll Proceed

17680.00

Mortgage Interest Proceed

0.00

Rent Proceed

2210.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

25235

Originating Lender

Farmers State Bank

Originating Lender City

MARION

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

22262.07

Forgiveness Date

01/07/2021

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