PPP Loan information for Holt motors inc

$471,400

Holt motors inc was initially approved for PPP Loan of amount $471,400, the current approved amount is $471,400. The loan was approved on 04/15/2020 by The MidWestOne Bank reported 37 jobs and $471,400 was used to fund payroll.

Holt motors inc is Existing or more than 2 years old

HOLT MOTORS INC

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

HOLT MOTORS INC

Borrower Address

245 Cokato St

Borrower City

COKATO

Borrower State

MN

Borrower Zip

55321

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

471400.00

Current Approval Amount

471400.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COKATO

Project County Name

WRIGHT

Project State

MN

Project Zip

55321-0001

CD

MN-06

Jobs Reported

37

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

29462.50

Payroll Proceed

353550.00

Mortgage Interest Proceed

29462.50

Rent Proceed

29462.50

Refinance EIDL Proceed

29462.50

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

477999.60

Forgiveness Date

09/09/2021

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