PPP Loan information for Freese motors inc

$115,800

Freese motors inc was initially approved for PPP Loan of amount $115,800, the current approved amount is $115,800. The loan was approved on 04/03/2020 by The Citizens State Bank reported 13 jobs and $115,800 was used to fund payroll.

Freese motors inc is Existing or more than 2 years old

PPP Loan Search / IA / MONTICELLO / Freese motors inc

FREESE MOTORS INC

Date Approved

04/03/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

FREESE MOTORS INC

Borrower Address

102 W 2nd St

Borrower City

MONTICELLO

Borrower State

IA

Borrower Zip

52310-1523

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

115800.00

Current Approval Amount

115800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25086

Servicing Lender Name

Citizens State Bank

Servicing Lender Address

117 W First St

Servicing Lender City

MONTICELLO

Servicing Lender State

IA

Servicing Lender Zip

52310-1520

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MONTICELLO

Project County Name

JONES

Project State

IA

Project Zip

52310-1523

CD

IA-01

Jobs Reported

13

NAICS Code

441228

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2500.00

Payroll Proceed

103100.00

Mortgage Interest Proceed

0.00

Rent Proceed

10200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25086

Originating Lender

Citizens State Bank

Originating Lender City

MONTICELLO

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

116600.95

Forgiveness Date

12/09/2020

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