PPP Loan information for Ervin motor company inc.

$66,400

Ervin motor company inc. was initially approved for PPP Loan of amount $66,400, the current approved amount is $66,400. The loan was approved on 04/03/2020 by The Farmers Savings Bank & Trust reported 8 jobs and $66,400 was used to fund payroll.

Ervin motor company inc. is Existing or more than 2 years old

PPP Loan Search / IA / VINTON / Ervin motor company inc.

ERVIN MOTOR COMPANY INC.

Date Approved

04/03/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

ERVIN MOTOR COMPANY INC.

Borrower Address

201 South K Avenue

Borrower City

VINTON

Borrower State

IA

Borrower Zip

52349-1050

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

66400.00

Current Approval Amount

66400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25540

Servicing Lender Name

Farmers Savings Bank & Trust

Servicing Lender Address

611 Second St

Servicing Lender City

TRAER

Servicing Lender State

IA

Servicing Lender Zip

50675-1230

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

VINTON

Project County Name

BENTON

Project State

IA

Project Zip

52349-1050

CD

IA-02

Jobs Reported

8

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

57400.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

9000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25540

Originating Lender

Farmers Savings Bank & Trust

Originating Lender City

TRAER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

66838.98

Forgiveness Date

12/08/2020

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