PPP Loan information for Jerry roling motors, inc.

$472,700

Jerry roling motors, inc. was initially approved for PPP Loan of amount $472,700, the current approved amount is $472,700. The loan was approved on 04/05/2020 by The First Bank reported 45 jobs and $472,700 was used to fund payroll.

Jerry roling motors, inc. is Existing or more than 2 years old

JERRY ROLING MOTORS, INC.

Date Approved

04/05/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

JERRY ROLING MOTORS, INC.

Borrower Address

1775 4th St SW

Borrower City

WAVERLY

Borrower State

IA

Borrower Zip

50677-4320

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

472700.00

Current Approval Amount

472700.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

Servicing Lender Location Id

25557

Servicing Lender Name

First Bank

Servicing Lender Address

316 E Bremer Ave

Servicing Lender City

WAVERLY

Servicing Lender State

IA

Servicing Lender Zip

50677-3532

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAVERLY

Project County Name

BREMER

Project State

IA

Project Zip

50677-4320

CD

IA-02

Jobs Reported

45

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

472700.00

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

Subchapter S Corporation

Originating Lender Location Id

25557

Originating Lender

First Bank

Originating Lender City

WAVERLY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

475680.64

Forgiveness Date

11/30/2020

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