PPP Loan information for Iowa motorsports llc

$20,000

Iowa motorsports llc was initially approved for PPP Loan of amount $20,000, the current approved amount is $20,000. The loan was approved on 04/09/2020 by The Farmers Savings Bank & Trust reported 20 jobs and $20,000 was used to fund payroll.

Iowa motorsports llc is Existing or more than 2 years old

PPP Loan Search / IA / VINTON / Iowa motorsports llc

IOWA MOTORSPORTS LLC

Date Approved

04/09/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

IOWA MOTORSPORTS LLC

Borrower Address

1212 4th Ave

Borrower City

VINTON

Borrower State

IA

Borrower Zip

52349-1924

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20000.00

Current Approval Amount

20000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25540

Servicing Lender Name

Farmers Savings Bank & Trust

Servicing Lender Address

611 Second St

Servicing Lender City

TRAER

Servicing Lender State

IA

Servicing Lender Zip

50675-1230

Rural Urban Indicator

R

Hubzone Indicator

Y

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

52349-1924

CD

IA-02

Jobs Reported

20

NAICS Code

711212

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2500.00

Payroll Proceed

15000.00

Mortgage Interest Proceed

2500.00

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

25540

Originating Lender

Farmers Savings Bank & Trust

Originating Lender City

TRAER

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

20127.22

Forgiveness Date

11/27/2020

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