PPP Loan information for Rex's auto sales, inc.

$37,500

Rex's auto sales, inc. was initially approved for PPP Loan of amount $37,500, the current approved amount is $37,500. The loan was approved on 04/09/2020 by The Exchange Bank reported 4 jobs and $37,500 was used to fund payroll.

Rex's auto sales, inc. is Existing or more than 2 years old

REX'S AUTO SALES, INC.

Date Approved

04/09/2020

SBA Office Code

0767

Processing Method

PPP

Borrower Name

REX'S AUTO SALES, INC.

Borrower Address

1539 N WASHINGTON ST

Borrower City

JUNCTION CITY

Borrower State

KS

Borrower Zip

66441-2457

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

37500.00

Current Approval Amount

37500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42198

Servicing Lender Name

Exchange Bank

Servicing Lender Address

3110 2nd Ave

Servicing Lender City

KEARNEY

Servicing Lender State

NE

Servicing Lender Zip

68847-2905

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

JUNCTION CITY

Project County Name

GEARY

Project State

KS

Project Zip

66441-2457

CD

KS-02

Jobs Reported

4

NAICS Code

441120

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7500.00

Payroll Proceed

30000.00

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

42198

Originating Lender

Exchange Bank

Originating Lender City

KEARNEY

Originating Lender State

NE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

37831.85

Forgiveness Date

03/05/2021

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