PPP Loan information for Tom's auto sales & service, inc.

$539,750

Tom's auto sales & service, inc. was initially approved for PPP Loan of amount $539,750, the current approved amount is $539,750. The loan was approved on 04/06/2020 by The Community State Bank reported 33 jobs and $539,750 was used to fund payroll.

Tom's auto sales & service, inc. is Existing or more than 2 years old

PPP Loan Search / IA / DES MOINES / Tom's auto sales & service, inc.

TOM'S AUTO SALES & SERVICE, INC.

Date Approved

04/06/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

TOM'S AUTO SALES & SERVICE, INC.

Borrower Address

2136 EAST UNIVERSITY AVE

Borrower City

DES MOINES

Borrower State

IA

Borrower Zip

50317-5260

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

539750.00

Current Approval Amount

539750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24553

Servicing Lender Name

Community State Bank

Servicing Lender Address

817 N Ankeny Blvd

Servicing Lender City

ANKENY

Servicing Lender State

IA

Servicing Lender Zip

50023-1768

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DES MOINES

Project County Name

POLK

Project State

IA

Project Zip

50317-5260

CD

IA-03

Jobs Reported

33

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

539750.00

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

Subchapter S Corporation

Originating Lender Location Id

24553

Originating Lender

Community State Bank

Originating Lender City

ANKENY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

543303.35

Forgiveness Date

12/15/2020

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