PPP Loan information for Propst auto service inc.

$52,500

Propst auto service inc. was initially approved for PPP Loan of amount $52,500, the current approved amount is $52,500. The loan was approved on 04/28/2020 by The Commerce Bank reported 5 jobs and $52,500 was used to fund payroll.

Propst auto service inc. is Existing or more than 2 years old

PPP Loan Search / MO / FESTUS / Propst auto service inc.

PROPST AUTO SERVICE INC.

Date Approved

04/28/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

PROPST AUTO SERVICE INC.

Borrower Address

301 N Mill St

Borrower City

FESTUS

Borrower State

MO

Borrower Zip

63028

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

52500.00

Current Approval Amount

52500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40781

Servicing Lender Name

Commerce Bank

Servicing Lender Address

1000 Walnut St, 11th Fl

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64106-2107

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FESTUS

Project County Name

JEFFERSON

Project State

MO

Project Zip

63028-0001

CD

MO-08

Jobs Reported

5

NAICS Code

811121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2500.00

Payroll Proceed

42500.00

Mortgage Interest Proceed

0.00

Rent Proceed

7000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

500

Business Type

Subchapter S Corporation

Originating Lender Location Id

40781

Originating Lender

Commerce Bank

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

53046.88

Forgiveness Date

05/12/2021

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