PPP Loan information for Lancaster motors inc

$42,700

Lancaster motors inc was initially approved for PPP Loan of amount $42,700, the current approved amount is $42,700. The loan was approved on 02/01/2021 by The MidWestOne Bank reported 6 jobs and $42,700 was used to fund payroll.

Lancaster motors inc is Existing or more than 2 years old

PPP Loan Search / WI / Lancaster / Lancaster motors inc

LANCASTER MOTORS INC

Date Approved

02/01/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

LANCASTER MOTORS INC

Borrower Address

1200 Ihm St

Borrower City

Lancaster

Borrower State

WI

Borrower Zip

53813-9440

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

42700.00

Current Approval Amount

42700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lancaster

Project County Name

GRANT

Project State

WI

Project Zip

53813-9440

CD

WI-03

Jobs Reported

6

NAICS Code

423110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

42698.00

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

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

42920.62

Forgiveness Date

08/11/2021

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