PPP Loan information for F.e. welterlen motors inc

$44,200

F.e. welterlen motors inc was initially approved for PPP Loan of amount $44,200, the current approved amount is $44,200. The loan was approved on 01/25/2021 by The Community Savings Bank reported 5 jobs and $44,200 was used to fund payroll.

F.e. welterlen motors inc is Existing or more than 2 years old

F.E. WELTERLEN MOTORS INC

Date Approved

01/25/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

F.E. WELTERLEN MOTORS INC

Borrower Address

104 E Union St

Borrower City

Edgewood

Borrower State

IA

Borrower Zip

52042-8194

Loan Status Date

01/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

44200.00

Current Approval Amount

44200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24953

Servicing Lender Name

Community Savings Bank

Servicing Lender Address

101 E Union St

Servicing Lender City

EDGEWOOD

Servicing Lender State

IA

Servicing Lender Zip

52042-8194

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Edgewood

Project County Name

DELAWARE

Project State

IA

Project Zip

52042-8194

CD

IA-02

Jobs Reported

5

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

44198.00

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

24953

Originating Lender

Community Savings Bank

Originating Lender City

EDGEWOOD

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

44605.67

Forgiveness Date

12/29/2021

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