PPP Loan information for Freedom racing tool and auto, llc

$189,400

Freedom racing tool and auto, llc was initially approved for PPP Loan of amount $189,400, the current approved amount is $189,400. The loan was approved on 04/03/2020 by The American State Bank reported 31 jobs and $189,400 was used to fund payroll.

Freedom racing tool and auto, llc is Existing or more than 2 years old

PPP Loan Search / IA / LAMONI / Freedom racing tool and auto, llc

FREEDOM RACING TOOL AND AUTO, LLC

Date Approved

04/03/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

FREEDOM RACING TOOL AND AUTO, LLC

Borrower Address

28677 Airport Road

Borrower City

LAMONI

Borrower State

IA

Borrower Zip

50140-2299

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

189400.00

Current Approval Amount

189400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25350

Servicing Lender Name

American State Bank

Servicing Lender Address

1000 Jeffreys Dr

Servicing Lender City

OSCEOLA

Servicing Lender State

IA

Servicing Lender Zip

50213-9500

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAMONI

Project County Name

DECATUR

Project State

IA

Project Zip

50140-2299

CD

IA-03

Jobs Reported

31

NAICS Code

441310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4000.00

Payroll Proceed

181977.00

Mortgage Interest Proceed

0.00

Rent Proceed

2093.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

1330

Business Type

Limited Liability Partnership

Originating Lender Location Id

25350

Originating Lender

American State Bank

Originating Lender City

OSCEOLA

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

180397.76

Forgiveness Date

11/03/2020

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