PPP Loan information for Lindquist ford inc

$794,500

Lindquist ford inc was initially approved for PPP Loan of amount $794,500, the current approved amount is $794,500. The loan was approved on 04/05/2020 by The The Clinton National Bank reported 70 jobs and $794,500 was used to fund payroll.

Lindquist ford inc is Existing or more than 2 years old

PPP Loan Search / IA / BETTENDORF / Lindquist ford inc

LINDQUIST FORD INC

Date Approved

04/05/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

LINDQUIST FORD INC

Borrower Address

3950 MIDDLE RD

Borrower City

BETTENDORF

Borrower State

IA

Borrower Zip

52722-5309

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

794500.00

Current Approval Amount

794500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24778

Servicing Lender Name

The Clinton National Bank

Servicing Lender Address

235 6th Ave S

Servicing Lender City

CLINTON

Servicing Lender State

IA

Servicing Lender Zip

52732-4305

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BETTENDORF

Project County Name

SCOTT

Project State

IA

Project Zip

52722-5309

CD

IA-01

Jobs Reported

70

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

29000.00

Payroll Proceed

665500.00

Mortgage Interest Proceed

12000.00

Rent Proceed

88000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

24778

Originating Lender

The Clinton National Bank

Originating Lender City

CLINTON

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

802096.73

Forgiveness Date

03/31/2021

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