PPP Loan information for Humboldt motor sales, inc

$117,600

Humboldt motor sales, inc was initially approved for PPP Loan of amount $117,600, the current approved amount is $117,600. The loan was approved on 04/04/2020 by The Bank Iowa reported 10 jobs and $117,600 was used to fund payroll.

Humboldt motor sales, inc is Existing or more than 2 years old

PPP Loan Search / IA / HUMBOLDT / Humboldt motor sales, inc

HUMBOLDT MOTOR SALES, INC

Date Approved

04/04/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

HUMBOLDT MOTOR SALES, INC

Borrower Address

2225 220TH ST

Borrower City

HUMBOLDT

Borrower State

IA

Borrower Zip

50548-8886

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

117600.00

Current Approval Amount

117600.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

Servicing Lender Location Id

24768

Servicing Lender Name

Bank Iowa

Servicing Lender Address

1150 Jordan Creek Pkwy

Servicing Lender City

WEST DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50266-5831

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUMBOLDT

Project County Name

HUMBOLDT

Project State

IA

Project Zip

50548-8886

CD

IA-04

Jobs Reported

10

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

23444.00

Payroll Proceed

94156.00

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

24768

Originating Lender

Bank Iowa

Originating Lender City

WEST DES MOINES

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

108293.42

Forgiveness Date

12/03/2020

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