PPP Loan information for Manchester motor supply co

$15,000

Manchester motor supply co was initially approved for PPP Loan of amount $15,000, the current approved amount is $15,000. The loan was approved on 04/06/2020 by The Farmers & Merchants Savings Bank reported 2 jobs and $15,000 was used to fund payroll.

Manchester motor supply co is Existing or more than 2 years old

MANCHESTER MOTOR SUPPLY CO

Date Approved

04/06/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

MANCHESTER MOTOR SUPPLY CO

Borrower Address

110 S 11TH ST

Borrower City

MANCHESTER

Borrower State

IA

Borrower Zip

52057-2217

Loan Status Date

11/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

15000.00

Current Approval Amount

15000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25211

Servicing Lender Name

Farmers & Merchants Savings Bank

Servicing Lender Address

101 E Main St

Servicing Lender City

MANCHESTER

Servicing Lender State

IA

Servicing Lender Zip

52057-1736

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MANCHESTER

Project County Name

DELAWARE

Project State

IA

Project Zip

52057-2217

CD

IA-02

Jobs Reported

2

NAICS Code

423120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

15000.00

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

Corporation

Originating Lender Location Id

25211

Originating Lender

Farmers & Merchants Savings Bank

Originating Lender City

MANCHESTER

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

15073.33

Forgiveness Date

10/13/2020

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