PPP Loan information for Le mars truck and trailer inc.

$1,155,400

Le mars truck and trailer inc. was initially approved for PPP Loan of amount $1,155,400, the current approved amount is $1,155,400. The loan was approved on 04/04/2020 by The Central Bank reported 102 jobs and $1,155,400 was used to fund payroll.

Le mars truck and trailer inc. is Existing or more than 2 years old

LE MARS TRUCK AND TRAILER INC.

Date Approved

04/04/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

LE MARS TRUCK AND TRAILER INC.

Borrower Address

2605 LINCOLN AVE SW

Borrower City

LE MARS

Borrower State

IA

Borrower Zip

51031-3051

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1155400.00

Current Approval Amount

1155400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25506

Servicing Lender Name

Central Bank

Servicing Lender Address

600 Lake Ave

Servicing Lender City

STORM LAKE

Servicing Lender State

IA

Servicing Lender Zip

50588-1852

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LE MARS

Project County Name

PLYMOUTH

Project State

IA

Project Zip

51031-3051

CD

IA-04

Jobs Reported

102

NAICS Code

561311

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

866550.00

Mortgage Interest Proceed

288850.00

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

25506

Originating Lender

Central Bank

Originating Lender City

STORM LAKE

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1164482.73

Forgiveness Date

01/25/2021

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