PPP Loan information for Ver hoef automotive, inc.

$486,900

Ver hoef automotive, inc. was initially approved for PPP Loan of amount $486,900, the current approved amount is $486,900. The loan was approved on 04/04/2020 by The American State Bank reported 40 jobs and $486,900 was used to fund payroll.

Ver hoef automotive, inc. is Existing or more than 2 years old

VER HOEF AUTOMOTIVE, INC.

Date Approved

04/04/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

VER HOEF AUTOMOTIVE, INC.

Borrower Address

110 20th St NE

Borrower City

SIOUX CENTER

Borrower State

IA

Borrower Zip

51250-1177

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

486900.00

Current Approval Amount

486900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25469

Servicing Lender Name

American State Bank

Servicing Lender Address

525 N Main Ave

Servicing Lender City

SIOUX CENTER

Servicing Lender State

IA

Servicing Lender Zip

51250-1823

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SIOUX CENTER

Project County Name

SIOUX

Project State

IA

Project Zip

51250-1177

CD

IA-04

Jobs Reported

40

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7371.00

Payroll Proceed

435551.00

Mortgage Interest Proceed

0.00

Rent Proceed

43978.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25469

Originating Lender

American State Bank

Originating Lender City

SIOUX CENTER

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

491235.41

Forgiveness Date

03/05/2021

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