PPP Loan information for Professional muffler's, inc.

$222,500

Professional muffler's, inc. was initially approved for PPP Loan of amount $222,500, the current approved amount is $222,500. The loan was approved on 04/11/2020 by The Hills Bank and Trust Company reported 16 jobs and $222,500 was used to fund payroll.

Professional muffler's, inc. is Existing or more than 2 years old

PPP Loan Search / IA / IOWA CITY / Professional muffler's, inc.

PROFESSIONAL MUFFLER'S, INC.

Date Approved

04/11/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

PROFESSIONAL MUFFLER'S, INC.

Borrower Address

606 S RIVERSIDE DR

Borrower City

IOWA CITY

Borrower State

IA

Borrower Zip

52246-5606

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

222500.00

Current Approval Amount

222500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25080

Servicing Lender Name

Hills Bank and Trust Company

Servicing Lender Address

131 Main St

Servicing Lender City

HILLS

Servicing Lender State

IA

Servicing Lender Zip

52235

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

IOWA CITY

Project County Name

JOHNSON

Project State

IA

Project Zip

52246-5606

CD

IA-01

Jobs Reported

16

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

222500.00

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

25080

Originating Lender

Hills Bank and Trust Company

Originating Lender City

HILLS

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

224496.32

Forgiveness Date

03/11/2021

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