PPP Loan information for Johnston auto and ind or spencer ia, inc.

$664,900

Johnston auto and ind or spencer ia, inc. was initially approved for PPP Loan of amount $664,900, the current approved amount is $664,900. The loan was approved on 04/03/2020 by The Northwest Bank reported 140 jobs and $664,900 was used to fund payroll.

Johnston auto and ind or spencer ia, inc. is Existing or more than 2 years old

PPP Loan Search / IA / SPENCER / Johnston auto and ind or spencer ia, inc.

JOHNSTON AUTO AND IND OR SPENCER IA, INC.

Date Approved

04/03/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

JOHNSTON AUTO AND IND OR SPENCER IA, INC.

Borrower Address

500 37th Ave W PO Box 107

Borrower City

SPENCER

Borrower State

IA

Borrower Zip

51301-7631

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

664900.00

Current Approval Amount

664900.00

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

SPENCER

Project County Name

CLAY

Project State

IA

Project Zip

51301-7631

CD

IA-04

Jobs Reported

140

NAICS Code

441310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

33245.00

Payroll Proceed

531920.00

Mortgage Interest Proceed

33245.00

Rent Proceed

66490.00

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

668575.42

Forgiveness Date

11/03/2020

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