PPP Loan information for Gatr of cedar rapids, inc.

$795,555

Gatr of cedar rapids, inc. was initially approved for PPP Loan of amount $729,310, the current approved amount is $795,555. The loan was approved on 04/05/2020 by The West Bank reported 78 jobs and $795,555 was used to fund payroll.

Gatr of cedar rapids, inc. is Existing or more than 2 years old

GATR OF CEDAR RAPIDS, INC.

Date Approved

04/05/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

GATR OF CEDAR RAPIDS, INC.

Borrower Address

700 29th ave

Borrower City

CEDAR RAPIDS

Borrower State

IA

Borrower Zip

52404-3417

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

729310.00

Current Approval Amount

795555.00

Undisbursed Amount

0.00

Franchise Name

Volvo Cars USA, LLC -  Retailer Agreement

Servicing Lender Location Id

25587

Servicing Lender Name

West Bank

Servicing Lender Address

1601 22nd St

Servicing Lender City

WEST DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50266-1408

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CEDAR RAPIDS

Project County Name

LINN

Project State

IA

Project Zip

52404-3417

CD

IA-02

Jobs Reported

78

NAICS Code

423110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

795555.00

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

Subchapter S Corporation

Originating Lender Location Id

25587

Originating Lender

West Bank

Originating Lender City

WEST DES MOINES

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

803161.81

Forgiveness Date

03/31/2021

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