PPP Loan information for Deery brothers motors of iowa city, inc.

$790,600

Deery brothers motors of iowa city, inc. was initially approved for PPP Loan of amount $790,600, the current approved amount is $790,600. The loan was approved on 04/06/2020 by The Connection Bank reported 44 jobs and $790,600 was used to fund payroll.

Deery brothers motors of iowa city, inc. is Existing or more than 2 years old

PPP Loan Search / IA / IOWA CITY / Deery brothers motors of iowa city, inc.

DEERY BROTHERS MOTORS OF IOWA CITY, INC.

Date Approved

04/06/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

DEERY BROTHERS MOTORS OF IOWA CITY, INC.

Borrower Address

651 HIGHWAY 1

Borrower City

IOWA CITY

Borrower State

IA

Borrower Zip

52246-4219

Loan Status Date

06/03/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

790600.00

Current Approval Amount

790600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25013

Servicing Lender Name

Connection Bank

Servicing Lender Address

636 Ave G

Servicing Lender City

FORT MADISON

Servicing Lender State

IA

Servicing Lender Zip

52627-2925

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

IOWA CITY

Project County Name

JOHNSON

Project State

IA

Project Zip

52246-4219

CD

IA-01

Jobs Reported

44

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

790600.00

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

Subchapter S Corporation

Originating Lender Location Id

25013

Originating Lender

Connection Bank

Originating Lender City

FORT MADISON

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

795018.70

Forgiveness Date

11/05/2020

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