PPP Loan information for Lovells trailer repair inc

$44,984

Lovells trailer repair inc was initially approved for PPP Loan of amount $44,984, the current approved amount is $44,984. The loan was approved on 04/14/2021 by The Farmers Savings Bank & Trust reported 6 jobs and $44,984 was used to fund payroll.

Lovells trailer repair inc is Existing or more than 2 years old

PPP Loan Search / IA / Waterloo / Lovells trailer repair inc

LOVELLS TRAILER REPAIR INC

Date Approved

04/14/2021

SBA Office Code

0736

Processing Method

PPP

Borrower Name

LOVELLS TRAILER REPAIR INC

Borrower Address

170 W 18th St

Borrower City

Waterloo

Borrower State

IA

Borrower Zip

50702-1304

Loan Status Date

01/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

44984.11

Current Approval Amount

44984.11

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25540

Servicing Lender Name

Farmers Savings Bank & Trust

Servicing Lender Address

611 Second St

Servicing Lender City

TRAER

Servicing Lender State

IA

Servicing Lender Zip

50675-1230

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Waterloo

Project County Name

BLACK HAWK

Project State

IA

Project Zip

50702-1304

CD

IA-02

Jobs Reported

6

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

44982.11

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

Limited Liability Company(LLC)

Originating Lender Location Id

25540

Originating Lender

Farmers Savings Bank & Trust

Originating Lender City

TRAER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

45280.26

Forgiveness Date

12/08/2021

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