PPP Loan information for Great lakes motor company

$75,300

Great lakes motor company was initially approved for PPP Loan of amount $75,300, the current approved amount is $75,300. The loan was approved on 04/06/2020 by The Northwest Bank reported 7 jobs and $75,300 was used to fund payroll.

Great lakes motor company is Existing or more than 2 years old

PPP Loan Search / IA / SPIRIT LAKE / Great lakes motor company

GREAT LAKES MOTOR COMPANY

Date Approved

04/06/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

GREAT LAKES MOTOR COMPANY

Borrower Address

3451 Hwy 71 S

Borrower City

SPIRIT LAKE

Borrower State

IA

Borrower Zip

51360

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

75300.00

Current Approval Amount

75300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82664

Servicing Lender Name

Northwest Bank

Servicing Lender Address

705 Grand Ave

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-3707

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPIRIT LAKE

Project County Name

DICKINSON

Project State

IA

Project Zip

51360-0001

CD

IA-04

Jobs Reported

7

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2000.00

Payroll Proceed

70800.00

Mortgage Interest Proceed

2500.00

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

82664

Originating Lender

Northwest Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

75933.78

Forgiveness Date

02/16/2021

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