PPP Loan information for Absolute auto repair,inc

$43,823

Absolute auto repair,inc was initially approved for PPP Loan of amount $43,823, the current approved amount is $43,823. The loan was approved on 04/08/2020 by The Midwest Heritage Bank, F.S.B. reported 5 jobs and $43,823 was used to fund payroll.

Absolute auto repair,inc is Existing or more than 2 years old

PPP Loan Search / IA / URBANDALE / Absolute auto repair,inc

ABSOLUTE AUTO REPAIR,INC

Date Approved

04/08/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

ABSOLUTE AUTO REPAIR,INC

Borrower Address

8305 HICKMAN RD

Borrower City

URBANDALE

Borrower State

IA

Borrower Zip

50322-4333

Loan Status Date

06/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

43822.50

Current Approval Amount

43822.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119840

Servicing Lender Name

Midwest Heritage Bank, F.S.B.

Servicing Lender Address

3580 EP True Pkwy, Ste 100

Servicing Lender City

WEST DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50265-7654

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

URBANDALE

Project County Name

POLK

Project State

IA

Project Zip

50322-4333

CD

IA-03

Jobs Reported

5

NAICS Code

811219

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

32866.88

Mortgage Interest Proceed

0.00

Rent Proceed

10955.62

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

119840

Originating Lender

Midwest Heritage Bank, F.S.B.

Originating Lender City

WEST DES MOINES

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

44309.42

Forgiveness Date

05/24/2021

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