PPP Loan information for Jergens body & alignment

$62,500

Jergens body & alignment was initially approved for PPP Loan of amount $46,418, the current approved amount is $62,500. The loan was approved on 03/27/2021 by The Northwest Bank reported 5 jobs and $62,500 was used to fund payroll.

Jergens body & alignment is Existing or more than 2 years old

JERGENS BODY & ALIGNMENT

Date Approved

03/27/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

JERGENS BODY & ALIGNMENT

Borrower Address

1207 11th St N

Borrower City

Humboldt

Borrower State

IA

Borrower Zip

50548-8857

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

46418.00

Current Approval Amount

62500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82664

Servicing Lender Name

Northwest Bank

Servicing Lender Address

705 Grand Ave

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-3707

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Humboldt

Project County Name

HUMBOLDT

Project State

IA

Project Zip

50548-8857

CD

IA-04

Jobs Reported

5

NAICS Code

811121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

62498.00

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

82664

Originating Lender

Northwest Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

62682.29

Forgiveness Date

07/21/2021

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