PPP Loan information for Lichtsinn motors inc

$765,700

Lichtsinn motors inc was initially approved for PPP Loan of amount $765,700, the current approved amount is $765,700. The loan was approved on 04/03/2020 by The Manufacturers Bank & Trust Company reported 42 jobs and $765,700 was used to fund payroll.

Lichtsinn motors inc is Existing or more than 2 years old

PPP Loan Search / IA / FOREST CITY / Lichtsinn motors inc

LICHTSINN MOTORS INC

Date Approved

04/03/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

LICHTSINN MOTORS INC

Borrower Address

505 Highway 9 E

Borrower City

FOREST CITY

Borrower State

IA

Borrower Zip

50436-1014

Loan Status Date

03/01/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

765700.00

Current Approval Amount

765700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25006

Servicing Lender Name

Manufacturers Bank & Trust Company

Servicing Lender Address

245 E 'J' St

Servicing Lender City

FOREST CITY

Servicing Lender State

IA

Servicing Lender Zip

50436

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FOREST CITY

Project County Name

WINNEBAGO

Project State

IA

Project Zip

50436-1000

CD

IA-04

Jobs Reported

42

NAICS Code

441210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

95734.00

Payroll Proceed

574256.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

95710.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

25006

Originating Lender

Manufacturers Bank & Trust Company

Originating Lender City

FOREST CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

771442.75

Forgiveness Date

01/11/2021

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