PPP Loan information for Lauterbach buick gmc inc.

$213,000

Lauterbach buick gmc inc. was initially approved for PPP Loan of amount $213,000, the current approved amount is $213,000. The loan was approved on 04/13/2020 by The Bank Iowa reported 28 jobs and $213,000 was used to fund payroll.

Lauterbach buick gmc inc. is Existing or more than 2 years old

PPP Loan Search / IA / NEWTON / Lauterbach buick gmc inc.

LAUTERBACH BUICK GMC INC.

Date Approved

04/13/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

LAUTERBACH BUICK GMC INC.

Borrower Address

2900 1ST AVE

Borrower City

NEWTON

Borrower State

IA

Borrower Zip

50208-4199

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

213000.00

Current Approval Amount

213000.00

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

24768

Servicing Lender Name

Bank Iowa

Servicing Lender Address

1150 Jordan Creek Pkwy

Servicing Lender City

WEST DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50266-5831

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWTON

Project County Name

JASPER

Project State

IA

Project Zip

50208-4199

CD

IA-01

Jobs Reported

28

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

213000.00

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

24768

Originating Lender

Bank Iowa

Originating Lender City

WEST DES MOINES

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

214354.92

Forgiveness Date

12/09/2020

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