PPP Loan information for Pella motors inc

$394,400

Pella motors inc was initially approved for PPP Loan of amount $394,400, the current approved amount is $394,400. The loan was approved on 04/14/2020 by The MidWestOne Bank reported 35 jobs and $394,400 was used to fund payroll.

Pella motors inc is Existing or more than 2 years old

PELLA MOTORS INC

Date Approved

04/14/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

PELLA MOTORS INC

Borrower Address

604 E Oskaloosa Street

Borrower City

PELLA

Borrower State

IA

Borrower Zip

50219-2238

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

394400.00

Current Approval Amount

394400.00

Undisbursed Amount

0.00

Franchise Name

Dodge - Sales and Service Agreement

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PELLA

Project County Name

MARION

Project State

IA

Project Zip

50219-2238

CD

IA-01

Jobs Reported

35

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

24650.00

Payroll Proceed

295800.00

Mortgage Interest Proceed

24650.00

Rent Proceed

24650.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

24650

Business Type

Subchapter S Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

399702.49

Forgiveness Date

08/16/2021

;