PPP Loan information for Cooper motors inc.

$50,173

Cooper motors inc. was initially approved for PPP Loan of amount $50,173, the current approved amount is $50,173. The loan was approved on 04/11/2020 by The Lincoln Savings Bank reported 7 jobs and $50,173 was used to fund payroll.

Cooper motors inc. is Existing or more than 2 years old

COOPER MOTORS INC.

Date Approved

04/11/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

COOPER MOTORS INC.

Borrower Address

123 MAIN STREET

Borrower City

ALLISON

Borrower State

IA

Borrower Zip

50602-0518

Loan Status Date

11/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50172.77

Current Approval Amount

50172.77

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25416

Servicing Lender Name

Lincoln Savings Bank

Servicing Lender Address

508 Main Street PO Box E

Servicing Lender City

Reinbeck

Servicing Lender State

IA

Servicing Lender Zip

50669

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALLISON

Project County Name

BUTLER

Project State

IA

Project Zip

50602-0518

CD

IA-02

Jobs Reported

7

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

50172.77

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

25416

Originating Lender

Lincoln Savings Bank

Originating Lender City

Reinbeck

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

50443.15

Forgiveness Date

10/29/2020

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