PPP Loan information for School bus sales co.

$392,791

School bus sales co. was initially approved for PPP Loan of amount $392,791, the current approved amount is $392,791. The loan was approved on 04/08/2020 by The Farmers State Bank reported 40 jobs and $392,791 was used to fund payroll.

School bus sales co. is Existing or more than 2 years old

SCHOOL BUS SALES CO.

Date Approved

04/08/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

SCHOOL BUS SALES CO.

Borrower Address

4537 TEXAS ST

Borrower City

WATERLOO

Borrower State

IA

Borrower Zip

50702-4525

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

392791.00

Current Approval Amount

392791.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25124

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

131 Tower Park Dr, Ste 100

Servicing Lender City

WATERLOO

Servicing Lender State

IA

Servicing Lender Zip

50701-9374

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WATERLOO

Project County Name

BLACK HAWK

Project State

IA

Project Zip

50702-4525

CD

IA-02

Jobs Reported

40

NAICS Code

423110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

392791.00

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

Corporation

Originating Lender Location Id

25124

Originating Lender

Farmers State Bank

Originating Lender City

WATERLOO

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

396577.07

Forgiveness Date

03/31/2021

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