PPP Loan information for Holzhauer motors, ltd.

$349,500

Holzhauer motors, ltd. was initially approved for PPP Loan of amount $367,830, the current approved amount is $349,500. The loan was approved on 04/05/2020 by The Cherokee State Bank reported 42 jobs and $349,500 was used to fund payroll.

Holzhauer motors, ltd. is New Business or 2 years or less

PPP Loan Search / IA / CHEROKEE / Holzhauer motors, ltd.

HOLZHAUER MOTORS, LTD.

Date Approved

04/05/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

HOLZHAUER MOTORS, LTD.

Borrower Address

1601 N 2nd Street

Borrower City

CHEROKEE

Borrower State

IA

Borrower Zip

51012-2231

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

367830.00

Current Approval Amount

349500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24759

Servicing Lender Name

Cherokee State Bank

Servicing Lender Address

212 W Willow St

Servicing Lender City

CHEROKEE

Servicing Lender State

IA

Servicing Lender Zip

51012-1857

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

CHEROKEE

Project County Name

CHEROKEE

Project State

IA

Project Zip

51012-2231

CD

IA-04

Jobs Reported

42

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

349500.00

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

Corporation

Originating Lender Location Id

24759

Originating Lender

Cherokee State Bank

Originating Lender City

CHEROKEE

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

352286.42

Forgiveness Date

02/01/2021

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