PPP Loan information for Vern laures auto center, inc.

$241,900

Vern laures auto center, inc. was initially approved for PPP Loan of amount $241,900, the current approved amount is $241,900. The loan was approved on 04/03/2020 by The Bank Iowa reported 19 jobs and $241,900 was used to fund payroll.

Vern laures auto center, inc. is Existing or more than 2 years old

VERN LAURES AUTO CENTER, INC.

Date Approved

04/03/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

VERN LAURES AUTO CENTER, INC.

Borrower Address

1950 N. Linn Avenue

Borrower City

NEW HAMPTON

Borrower State

IA

Borrower Zip

50659-9405

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

241900.00

Current Approval Amount

241900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24768

Servicing Lender Name

Bank Iowa

Servicing Lender Address

1150 Jordan Creek Pkwy

Servicing Lender City

WEST DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50266-5831

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW HAMPTON

Project County Name

CHICKASAW

Project State

IA

Project Zip

50659-9405

CD

IA-02

Jobs Reported

19

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

241900.00

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

24768

Originating Lender

Bank Iowa

Originating Lender City

WEST DES MOINES

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

233226.98

Forgiveness Date

11/03/2020

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