PPP Loan information for Weber auto inc

$311,300

Weber auto inc was initially approved for PPP Loan of amount $311,300, the current approved amount is $311,300. The loan was approved on 04/09/2020 by The MidWestOne Bank reported 28 jobs and $311,300 was used to fund payroll.

Weber auto inc is Existing or more than 2 years old

WEBER AUTO INC

Date Approved

04/09/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

WEBER AUTO INC

Borrower Address

3000 NORTH HWY 38

Borrower City

MUSCATINE

Borrower State

IA

Borrower Zip

52761-8802

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

311300.00

Current Approval Amount

311300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MUSCATINE

Project County Name

MUSCATINE

Project State

IA

Project Zip

52761-8802

CD

IA-01

Jobs Reported

28

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

19456.25

Payroll Proceed

233475.00

Mortgage Interest Proceed

19456.25

Rent Proceed

19456.25

Refinance EIDL Proceed

0.00

Health Care Proceed

19456.25

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

313418.57

Forgiveness Date

12/15/2020

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