PPP Loan information for Lancaster motors inc

$42,600

Lancaster motors inc was initially approved for PPP Loan of amount $42,600, the current approved amount is $42,600. The loan was approved on 04/10/2020 by The MidWestOne Bank reported 5 jobs and $42,600 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

04/10/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

LANCASTER MOTORS INC

Borrower Address

1200 Ihm Street

Borrower City

LANCASTER

Borrower State

WI

Borrower Zip

53813-9440

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42600.00

Current Approval Amount

42600.00

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

5

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2662.50

Payroll Proceed

31950.00

Mortgage Interest Proceed

2662.50

Rent Proceed

2662.50

Refinance EIDL Proceed

0.00

Health Care Proceed

2662.50

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

42914.77

Forgiveness Date

01/06/2021

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