PPP Loan information for Moffitt's inc.

$460,815

Moffitt's inc. was initially approved for PPP Loan of amount $460,815, the current approved amount is $460,815. The loan was approved on 04/07/2020 by The VisionBank of Iowa reported 36 jobs and $460,815 was used to fund payroll.

Moffitt's inc. is Existing or more than 2 years old

MOFFITT'S INC.

Date Approved

04/07/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MOFFITT'S INC.

Borrower Address

1819 SE Marshall St

Borrower City

BOONE

Borrower State

IA

Borrower Zip

50036-7199

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

460815.00

Current Approval Amount

460815.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

25336

Servicing Lender Name

VisionBank of Iowa

Servicing Lender Address

104 Chestnut St

Servicing Lender City

AMES

Servicing Lender State

IA

Servicing Lender Zip

50010-8058

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BOONE

Project County Name

BOONE

Project State

IA

Project Zip

50036-7199

CD

IA-04

Jobs Reported

36

NAICS Code

423110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15000.00

Payroll Proceed

320000.00

Mortgage Interest Proceed

0.00

Rent Proceed

74615.00

Refinance EIDL Proceed

0.00

Health Care Proceed

51200.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

25336

Originating Lender

VisionBank of Iowa

Originating Lender City

AMES

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

464475.92

Forgiveness Date

01/26/2021

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