PPP Loan information for Marks auto body inc

$90,417

Marks auto body inc was initially approved for PPP Loan of amount $90,417, the current approved amount is $90,417. The loan was approved on 04/14/2020 by The Solon State Bank reported 7 jobs and $90,417 was used to fund payroll.

Marks auto body inc is Existing or more than 2 years old

MARKS AUTO BODY INC

Date Approved

04/14/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

MARKS AUTO BODY INC

Borrower Address

132 E SHORT ST

Borrower City

SOLON

Borrower State

IA

Borrower Zip

52333-9758

Loan Status Date

11/13/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

90417.00

Current Approval Amount

90417.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25484

Servicing Lender Name

Solon State Bank

Servicing Lender Address

126 S Market St

Servicing Lender City

SOLON

Servicing Lender State

IA

Servicing Lender Zip

52333-8830

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOLON

Project County Name

JOHNSON

Project State

IA

Project Zip

52333-9758

CD

IA-01

Jobs Reported

7

NAICS Code

811121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4000.00

Payroll Proceed

86417.00

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

25484

Originating Lender

Solon State Bank

Originating Lender City

SOLON

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

90871.60

Forgiveness Date

10/23/2020

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