PPP Loan information for International motor contest association

$135,600

International motor contest association was initially approved for PPP Loan of amount $135,600, the current approved amount is $135,600. The loan was approved on 04/04/2020 by The Cedar Valley Bank & Trust reported 14 jobs and $135,600 was used to fund payroll.

International motor contest association is Existing or more than 2 years old

PPP Loan Search / IA / VINTON / International motor contest association

INTERNATIONAL MOTOR CONTEST ASSOCIATION

Date Approved

04/04/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

INTERNATIONAL MOTOR CONTEST ASSOCIATION

Borrower Address

1800 D ST W

Borrower City

VINTON

Borrower State

IA

Borrower Zip

52349-2500

Loan Status Date

02/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

135600.00

Current Approval Amount

135600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25277

Servicing Lender Name

Cedar Valley Bank & Trust

Servicing Lender Address

321 Main St

Servicing Lender City

LA PORTE CITY

Servicing Lender State

IA

Servicing Lender Zip

50651-1333

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

VINTON

Project County Name

BENTON

Project State

IA

Project Zip

52349-2500

CD

IA-02

Jobs Reported

14

NAICS Code

711320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1000.00

Payroll Proceed

104263.02

Mortgage Interest Proceed

336.98

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

30000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

25277

Originating Lender

Cedar Valley Bank & Trust

Originating Lender City

LA PORTE CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

126440.82

Forgiveness Date

12/02/2020

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