PPP Loan information for Jensen motors inc

$408,503

Jensen motors inc was initially approved for PPP Loan of amount $408,503, the current approved amount is $408,503. The loan was approved on 04/05/2020 by The Heritage Bank, National Association reported 38 jobs and $408,503 was used to fund payroll.

Jensen motors inc is Existing or more than 2 years old

PPP Loan Search / IA / LE MARS / Jensen motors inc

JENSEN MOTORS INC

Date Approved

04/05/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

JENSEN MOTORS INC

Borrower Address

1258 LINCOLN ST SW

Borrower City

LE MARS

Borrower State

IA

Borrower Zip

51031-1801

Loan Status Date

11/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

408503.05

Current Approval Amount

408503.05

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39042

Servicing Lender Name

Heritage Bank, National Association

Servicing Lender Address

110 South St West

Servicing Lender City

SPICER

Servicing Lender State

MN

Servicing Lender Zip

56288-4600

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LE MARS

Project County Name

PLYMOUTH

Project State

IA

Project Zip

51031-1801

CD

IA-04

Jobs Reported

38

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

408503.05

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

39042

Originating Lender

Heritage Bank, National Association

Originating Lender City

SPICER

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

410763.81

Forgiveness Date

11/05/2020

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