PPP Loan information for Hanson and sons tire, llc

$74,500

Hanson and sons tire, llc was initially approved for PPP Loan of amount $74,500, the current approved amount is $74,500. The loan was approved on 04/06/2020 by The Farmers & Merchants Savings Bank reported 9 jobs and $74,500 was used to fund payroll.

Hanson and sons tire, llc is Existing or more than 2 years old

HANSON AND SONS TIRE, LLC

Date Approved

04/06/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

HANSON AND SONS TIRE, LLC

Borrower Address

1501 Central Ave E

Borrower City

CLARION

Borrower State

IA

Borrower Zip

50525-1711

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

74500.00

Current Approval Amount

74500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25211

Servicing Lender Name

Farmers & Merchants Savings Bank

Servicing Lender Address

101 E Main St

Servicing Lender City

MANCHESTER

Servicing Lender State

IA

Servicing Lender Zip

52057-1736

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLARION

Project County Name

WRIGHT

Project State

IA

Project Zip

50525-1711

CD

IA-04

Jobs Reported

9

NAICS Code

441320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

74500.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

25211

Originating Lender

Farmers & Merchants Savings Bank

Originating Lender City

MANCHESTER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

75046.33

Forgiveness Date

12/31/2020

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