PPP Loan information for Gabus automotive, inc.

$1,150,400

Gabus automotive, inc. was initially approved for PPP Loan of amount $1,150,400, the current approved amount is $1,150,400. The loan was approved on 04/06/2020 by The Iowa State Bank reported 98 jobs and $1,150,400 was used to fund payroll.

Gabus automotive, inc. is Existing or more than 2 years old

PPP Loan Search / IA / DES MOINES / Gabus automotive, inc.

GABUS AUTOMOTIVE, INC.

Date Approved

04/06/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

GABUS AUTOMOTIVE, INC.

Borrower Address

4475 MERLE HAY RD

Borrower City

DES MOINES

Borrower State

IA

Borrower Zip

50310-1413

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1150400.00

Current Approval Amount

1150400.00

Undisbursed Amount

0.00

Franchise Name

Kia Dealer Sales and Service Agreement

Servicing Lender Location Id

24904

Servicing Lender Name

Iowa State Bank

Servicing Lender Address

627 E Locust St

Servicing Lender City

DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50309-1913

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DES MOINES

Project County Name

POLK

Project State

IA

Project Zip

50310-1413

CD

IA-03

Jobs Reported

98

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1150400.00

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

24904

Originating Lender

Iowa State Bank

Originating Lender City

DES MOINES

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1161399.72

Forgiveness Date

03/31/2021

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