PPP Loan information for Shaffer's auto body co., inc.

$383,430

Shaffer's auto body co., inc. was initially approved for PPP Loan of amount $383,430, the current approved amount is $383,430. The loan was approved on 04/07/2020 by The First National Bank Ames, Iowa reported 28 jobs and $383,430 was used to fund payroll.

Shaffer's auto body co., inc. is Existing or more than 2 years old

SHAFFER'S AUTO BODY CO., INC.

Date Approved

04/07/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

SHAFFER'S AUTO BODY CO., INC.

Borrower Address

1712 E LINCOLN WAY

Borrower City

AMES

Borrower State

IA

Borrower Zip

50010-6542

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

383430.00

Current Approval Amount

383430.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24544

Servicing Lender Name

First National Bank Ames, Iowa

Servicing Lender Address

405 5th St

Servicing Lender City

AMES

Servicing Lender State

IA

Servicing Lender Zip

50010-6103

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

AMES

Project County Name

STORY

Project State

IA

Project Zip

50010-6542

CD

IA-04

Jobs Reported

28

NAICS Code

811121

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

28672.00

Payroll Proceed

317415.00

Mortgage Interest Proceed

0.00

Rent Proceed

37343.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

24544

Originating Lender

First National Bank Ames, Iowa

Originating Lender City

AMES

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

386423.91

Forgiveness Date

01/20/2021

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