PPP Loan information for Motor parts sales co.

$82,303

Motor parts sales co. was initially approved for PPP Loan of amount $82,303, the current approved amount is $82,303. The loan was approved on 04/07/2020 by The State Savings Bank reported 8 jobs and $82,303 was used to fund payroll.

Motor parts sales co. is Existing or more than 2 years old

PPP Loan Search / IA / CHEROKEE / Motor parts sales co.

MOTOR PARTS SALES CO.

Date Approved

04/07/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MOTOR PARTS SALES CO.

Borrower Address

210 W CEDAR ST

Borrower City

CHEROKEE

Borrower State

IA

Borrower Zip

51012-1846

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

82302.50

Current Approval Amount

82302.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24597

Servicing Lender Name

State Savings Bank

Servicing Lender Address

602 Sheldon Ave, Ste A

Servicing Lender City

CRESTON

Servicing Lender State

IA

Servicing Lender Zip

50801-3322

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHEROKEE

Project County Name

CHEROKEE

Project State

IA

Project Zip

51012-1846

CD

IA-04

Jobs Reported

8

NAICS Code

441310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8230.25

Payroll Proceed

65842.00

Mortgage Interest Proceed

8230.25

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

24597

Originating Lender

State Savings Bank

Originating Lender City

CRESTON

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

83281.11

Forgiveness Date

06/24/2021

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