PPP Loan information for Jensvold motor co

$89,647

Jensvold motor co was initially approved for PPP Loan of amount $89,647, the current approved amount is $89,647. The loan was approved on 04/13/2020 by The West Iowa Bank reported 10 jobs and $89,647 was used to fund payroll.

Jensvold motor co is Existing or more than 2 years old

JENSVOLD MOTOR CO

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

89647.00

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

IA

Servicing Lender Zip

50597

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EMMETSBURG

Project County Name

PALO ALTO

Project State

IA

Project Zip

50536-2436

CD

IA-04

Jobs Reported

10

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

80572.00

Mortgage Interest Proceed

0.00

Rent Proceed

2500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2200.00

Debt Interest Proceed

4375

Business Type

Corporation

Originating Lender Location Id

25576

Originating Lender

West Iowa Bank

Originating Lender City

WEST BEND

Originating Lender State

IA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

90224.18

Forgiveness Date

12/09/2020

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