PPP Loan information for Corn fed automotive, llc

$57,645

Corn fed automotive, llc was initially approved for PPP Loan of amount $57,645, the current approved amount is $57,645. The loan was approved on 04/16/2020 by The Solon State Bank reported 5 jobs and $57,645 was used to fund payroll.

Corn fed automotive, llc is Existing or more than 2 years old

CORN FED AUTOMOTIVE, LLC

Date Approved

04/16/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

CORN FED AUTOMOTIVE, LLC

Borrower Address

209 Fraklin St

Borrower City

CENTER POINT

Borrower State

IA

Borrower Zip

52213-7601

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

57645.00

Current Approval Amount

57645.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25484

Servicing Lender Name

Solon State Bank

Servicing Lender Address

126 S Market St

Servicing Lender City

SOLON

Servicing Lender State

IA

Servicing Lender Zip

52333-8830

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CENTER POINT

Project County Name

LINN

Project State

IA

Project Zip

52213-7601

CD

IA-02

Jobs Reported

5

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1000.00

Payroll Proceed

54870.00

Mortgage Interest Proceed

1775.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

25484

Originating Lender

Solon State Bank

Originating Lender City

SOLON

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

58192.63

Forgiveness Date

03/31/2021

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