Date Approved
04/13/2020
SBA Office Code
0761
Processing Method
PPP
Borrower Name
JENSVOLD MOTOR CO
Borrower Address
906 GRAND AVE
Borrower City
EMMETSBURG
Borrower State
IA
Borrower Zip
50536-2436
Loan Status Date
01/21/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
89647.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Ford Motor Company Dealer Sales and Service Agreement
Servicing Lender Location Id
25576
Servicing Lender Name
West Iowa Bank
Servicing Lender Address
319 S Broadway Ave
Servicing Lender City
WEST BEND
Servicing Lender State
Servicing Lender Zip
50597
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
PALO ALTO
Project State
Project Zip
CD
IA-04
Jobs Reported
10
NAICS Code
441110
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
80572.00
Mortgage Interest Proceed
Rent Proceed
2500.00
Refinance EIDL Proceed
Health Care Proceed
2200.00
Debt Interest Proceed
4375
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
90224.18
Forgiveness Date
12/09/2020