PPP Loan information for Ron drenkow motors, inc.

$184,300

Ron drenkow motors, inc. was initially approved for PPP Loan of amount $184,300, the current approved amount is $184,300. The loan was approved on 04/05/2020 by The Citizens State Bank reported 16 jobs and $184,300 was used to fund payroll.

Ron drenkow motors, inc. is Existing or more than 2 years old

RON DRENKOW MOTORS, INC.

Date Approved

04/05/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

RON DRENKOW MOTORS, INC.

Borrower Address

2604 E Park St

Borrower City

SHELDON

Borrower State

IA

Borrower Zip

51201-0368

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

184300.00

Current Approval Amount

184300.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

25457

Servicing Lender Name

Citizens State Bank

Servicing Lender Address

808 3rd Ave

Servicing Lender City

SHELDON

Servicing Lender State

IA

Servicing Lender Zip

51201-1547

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SHELDON

Project County Name

OBRIEN

Project State

IA

Project Zip

51201-0368

CD

IA-04

Jobs Reported

16

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6000.00

Payroll Proceed

136000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

10686.00

Debt Interest Proceed

31614

Business Type

Corporation

Originating Lender Location Id

25457

Originating Lender

Citizens State Bank

Originating Lender City

SHELDON

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

185446.19

Forgiveness Date

11/30/2020

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