PPP Loan information for K&w motors, ltd

$87,902

K&w motors, ltd was initially approved for PPP Loan of amount $87,902, the current approved amount is $87,902. The loan was approved on 04/07/2020 by The Luana Savings Bank reported 8 jobs and $87,902 was used to fund payroll.

K&w motors, ltd is Existing or more than 2 years old

PPP Loan Search / IA / NEW HAMPTON / K&w motors, ltd

K&W MOTORS, LTD

Date Approved

04/07/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

K&W MOTORS, LTD

Borrower Address

705 W MILWAUKEE ST

Borrower City

NEW HAMPTON

Borrower State

IA

Borrower Zip

50659-1014

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

87901.90

Current Approval Amount

87901.90

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

25205

Servicing Lender Name

Luana Savings Bank

Servicing Lender Address

100 Harvest Dr

Servicing Lender City

LUANA

Servicing Lender State

IA

Servicing Lender Zip

52156-4700

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW HAMPTON

Project County Name

CHICKASAW

Project State

IA

Project Zip

50659-1014

CD

IA-02

Jobs Reported

8

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

17580.38

Payroll Proceed

70321.52

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

Limited Liability Company(LLC)

Originating Lender Location Id

25205

Originating Lender

Luana Savings Bank

Originating Lender City

LUANA

Originating Lender State

IA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

88480.59

Forgiveness Date

12/09/2020

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