PPP Loan information for U drive acceptance corp

$155,507

U drive acceptance corp was initially approved for PPP Loan of amount $155,507, the current approved amount is $155,507. The loan was approved on 04/06/2020 by The The Park National Bank reported 13 jobs and $155,507 was used to fund payroll.

U drive acceptance corp is Existing or more than 2 years old

U DRIVE ACCEPTANCE CORP

Date Approved

04/06/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

U DRIVE ACCEPTANCE CORP

Borrower Address

1119 4TH ST Suite 102

Borrower City

SIOUX CITY

Borrower State

IA

Borrower Zip

51101-1900

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

155507.00

Current Approval Amount

155507.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57912

Servicing Lender Name

The Park National Bank

Servicing Lender Address

50 N Third St

Servicing Lender City

NEWARK

Servicing Lender State

OH

Servicing Lender Zip

43055-5523

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SIOUX CITY

Project County Name

WOODBURY

Project State

IA

Project Zip

51101-1900

CD

IA-04

Jobs Reported

13

NAICS Code

525990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

124408.00

Mortgage Interest Proceed

0.00

Rent Proceed

7600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

18499

Business Type

Subchapter S Corporation

Originating Lender Location Id

57912

Originating Lender

The Park National Bank

Originating Lender City

NEWARK

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

156955.56

Forgiveness Date

03/31/2021

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