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
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
Servicing Lender State
Servicing Lender Zip
51201-1547
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
OBRIEN
Project State
Project Zip
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
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
10686.00
Debt Interest Proceed
31614
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
185446.19
Forgiveness Date
11/30/2020