PPP Loan information for Crown motors, inc

$28,000

Crown motors, inc was initially approved for PPP Loan of amount $28,000, the current approved amount is $28,000. The loan was approved on 04/10/2020 by The First State Bank reported 2 jobs and $28,000 was used to fund payroll.

Crown motors, inc is Existing or more than 2 years old

PPP Loan Search / IA / NEWTON / Crown motors, inc

CROWN MOTORS, INC

Date Approved

04/10/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

CROWN MOTORS, INC

Borrower Address

1217 1ST AVE E

Borrower City

NEWTON

Borrower State

IA

Borrower Zip

50208-1705

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

28000.00

Current Approval Amount

28000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25569

Servicing Lender Name

First State Bank

Servicing Lender Address

505 Second St

Servicing Lender City

WEBSTER CITY

Servicing Lender State

IA

Servicing Lender Zip

50595-1507

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWTON

Project County Name

JASPER

Project State

IA

Project Zip

50208-1705

CD

IA-01

Jobs Reported

2

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1000.00

Payroll Proceed

23000.00

Mortgage Interest Proceed

0.00

Rent Proceed

4000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

25569

Originating Lender

First State Bank

Originating Lender City

WEBSTER CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

28241.64

Forgiveness Date

03/01/2021

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