PPP Loan information for Lund motors

$78,500

Lund motors was initially approved for PPP Loan of amount $78,500, the current approved amount is $78,500. The loan was approved on 04/03/2020 by The Charter Bank reported 6 jobs and $78,500 was used to fund payroll.

Lund motors is Existing or more than 2 years old

LUND MOTORS

Date Approved

04/03/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

LUND MOTORS

Borrower Address

395 Ashworth Drive

Borrower City

WAUKEE

Borrower State

IA

Borrower Zip

50263-9762

Loan Status Date

11/06/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

78500.00

Current Approval Amount

78500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122736

Servicing Lender Name

Charter Bank

Servicing Lender Address

5526 NW 86th St

Servicing Lender City

JOHNSTON

Servicing Lender State

IA

Servicing Lender Zip

50131-2928

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAUKEE

Project County Name

DALLAS

Project State

IA

Project Zip

50263-9762

CD

IA-03

Jobs Reported

6

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

692.00

Payroll Proceed

62808.00

Mortgage Interest Proceed

0.00

Rent Proceed

15000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

122736

Originating Lender

Charter Bank

Originating Lender City

JOHNSTON

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

78914.31

Forgiveness Date

10/14/2020

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