PPP Loan information for Community motors north, inc

$299,160

Community motors north, inc was initially approved for PPP Loan of amount $299,160, the current approved amount is $299,160. The loan was approved on 04/28/2020 by The U.S. Bank, National Association reported 29 jobs and $299,160 was used to fund payroll.

Community motors north, inc is Existing or more than 2 years old

COMMUNITY MOTORS NORTH, INC

Date Approved

04/28/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

COMMUNITY MOTORS NORTH, INC

Borrower Address

215 15TH ST SW

Borrower City

MASON CITY

Borrower State

IA

Borrower Zip

50401-5747

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

299160.00

Current Approval Amount

299160.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MASON CITY

Project County Name

CERRO GORDO

Project State

IA

Project Zip

50401-5747

CD

IA-02

Jobs Reported

29

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

299160.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

302002.02

Forgiveness Date

04/09/2021

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