PPP Loan information for Mike's service garage

$69,300

Mike's service garage was initially approved for PPP Loan of amount $69,300, the current approved amount is $69,300. The loan was approved on 04/27/2020 by The American State Bank reported 6 jobs and $69,300 was used to fund payroll.

Mike's service garage is New Business or 2 years or less

MIKE'S SERVICE GARAGE

Date Approved

04/27/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MIKE'S SERVICE GARAGE

Borrower Address

1460 MAIN AVE

Borrower City

SIOUX CENTER

Borrower State

IA

Borrower Zip

51250-2110

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

69300.00

Current Approval Amount

69300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25469

Servicing Lender Name

American State Bank

Servicing Lender Address

525 N Main Ave

Servicing Lender City

SIOUX CENTER

Servicing Lender State

IA

Servicing Lender Zip

51250-1823

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SIOUX CENTER

Project County Name

SIOUX

Project State

IA

Project Zip

51250-2110

CD

IA-04

Jobs Reported

6

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

69300.00

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

Subchapter S Corporation

Originating Lender Location Id

25469

Originating Lender

American State Bank

Originating Lender City

SIOUX CENTER

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

69704.41

Forgiveness Date

12/04/2020

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