PPP Loan information for Timm's auto center, ltd

$64,500

Timm's auto center, ltd was initially approved for PPP Loan of amount $64,500, the current approved amount is $64,500. The loan was approved on 04/08/2020 by The First State Bank reported 8 jobs and $64,500 was used to fund payroll.

Timm's auto center, ltd is Existing or more than 2 years old

TIMM'S AUTO CENTER, LTD

Date Approved

04/08/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

TIMM'S AUTO CENTER, LTD

Borrower Address

116 E 2ND ST

Borrower City

WEBSTER CITY

Borrower State

IA

Borrower Zip

50595-1651

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

64500.00

Current Approval Amount

64500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25569

Servicing Lender Name

First State Bank

Servicing Lender Address

505 Second St

Servicing Lender City

WEBSTER CITY

Servicing Lender State

IA

Servicing Lender Zip

50595-1507

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEBSTER CITY

Project County Name

HAMILTON

Project State

IA

Project Zip

50595-1651

CD

IA-04

Jobs Reported

8

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

64500.00

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

25569

Originating Lender

First State Bank

Originating Lender City

WEBSTER CITY

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

65028.37

Forgiveness Date

02/10/2021

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