PPP Loan information for Webster city auto center inc.

$124,200

Webster city auto center inc. was initially approved for PPP Loan of amount $124,200, the current approved amount is $124,200. The loan was approved on 04/06/2020 by The Northwest Bank reported 14 jobs and $124,200 was used to fund payroll.

Webster city auto center inc. is Existing or more than 2 years old

WEBSTER CITY AUTO CENTER INC.

Date Approved

04/06/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

WEBSTER CITY AUTO CENTER INC.

Borrower Address

129 E 2nd St

Borrower City

WEBSTER CITY

Borrower State

IA

Borrower Zip

50595

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

124200.00

Current Approval Amount

124200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82664

Servicing Lender Name

Northwest Bank

Servicing Lender Address

705 Grand Ave

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-3707

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

50595-0001

CD

IA-04

Jobs Reported

14

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6210.00

Payroll Proceed

99360.00

Mortgage Interest Proceed

6210.00

Rent Proceed

12420.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

82664

Originating Lender

Northwest Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

125114.25

Forgiveness Date

01/07/2021

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