PPP Loan information for Lems auto recyclers, inc

$177,400

Lems auto recyclers, inc was initially approved for PPP Loan of amount $177,400, the current approved amount is $177,400. The loan was approved on 03/20/2021 by The Premier Bank reported 16 jobs and $177,400 was used to fund payroll.

Lems auto recyclers, inc is Existing or more than 2 years old

PPP Loan Search / IA / Doon / Lems auto recyclers, inc

LEMS AUTO RECYCLERS, INC

Date Approved

03/20/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

LEMS AUTO RECYCLERS, INC

Borrower Address

402 Gere Ave

Borrower City

Doon

Borrower State

IA

Borrower Zip

51235-7722

Loan Status Date

12/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

177400.00

Current Approval Amount

177400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121393

Servicing Lender Name

Premier Bank

Servicing Lender Address

1004 21st Ave

Servicing Lender City

ROCK VALLEY

Servicing Lender State

IA

Servicing Lender Zip

51247-1446

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Doon

Project County Name

LYON

Project State

IA

Project Zip

51235-7722

CD

IA-04

Jobs Reported

16

NAICS Code

423140

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

177397.00

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

121393

Originating Lender

Premier Bank

Originating Lender City

ROCK VALLEY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

178572.81

Forgiveness Date

11/24/2021

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