PPP Loan information for Jack's auto sales

$237,000

Jack's auto sales was initially approved for PPP Loan of amount $237,000, the current approved amount is $237,000. The loan was approved on 04/03/2020 by The First National Bank reported 27 jobs and $237,000 was used to fund payroll.

Jack's auto sales is Existing or more than 2 years old

JACK'S AUTO SALES

Date Approved

04/03/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

JACK'S AUTO SALES

Borrower Address

2160 W RIVER DR

Borrower City

DAVENPORT

Borrower State

IA

Borrower Zip

52802-2832

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

237000.00

Current Approval Amount

237000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38099

Servicing Lender Name

First National Bank

Servicing Lender Address

141 E Main St

Servicing Lender City

OLDHAM

Servicing Lender State

SD

Servicing Lender Zip

57051

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DAVENPORT

Project County Name

SCOTT

Project State

IA

Project Zip

52802-2832

CD

IA-01

Jobs Reported

27

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

237000.00

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

38099

Originating Lender

First National Bank

Originating Lender City

OLDHAM

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

238849.92

Forgiveness Date

01/20/2021

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