PPP Loan information for Jefferson street motors, inc.

$40,000

Jefferson street motors, inc. was initially approved for PPP Loan of amount $40,000, the current approved amount is $40,000. The loan was approved on 04/15/2020 by The Farmers State Bank reported 6 jobs and $40,000 was used to fund payroll.

Jefferson street motors, inc. is Existing or more than 2 years old

JEFFERSON STREET MOTORS, INC.

Date Approved

04/15/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

JEFFERSON STREET MOTORS, INC.

Borrower Address

2021 Jefferson St

Borrower City

WATERLOO

Borrower State

IA

Borrower Zip

50701-1321

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40000.00

Current Approval Amount

40000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25124

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

131 Tower Park Dr, Ste 100

Servicing Lender City

WATERLOO

Servicing Lender State

IA

Servicing Lender Zip

50701-9374

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WATERLOO

Project County Name

BLACK HAWK

Project State

IA

Project Zip

50701-1321

CD

IA-02

Jobs Reported

6

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

40000.00

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

Corporation

Originating Lender Location Id

25124

Originating Lender

Farmers State Bank

Originating Lender City

WATERLOO

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40235.56

Forgiveness Date

11/19/2020

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