PPP Loan information for Macke motors, inc.

$476,900

Macke motors, inc. was initially approved for PPP Loan of amount $476,900, the current approved amount is $476,900. The loan was approved on 04/08/2020 by The United Bank of Iowa reported 45 jobs and $476,900 was used to fund payroll.

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

PPP Loan Search / IA / LAKE CITY / Macke motors, inc.

MACKE MOTORS, INC.

Date Approved

04/08/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MACKE MOTORS, INC.

Borrower Address

1201 W MAIN ST PO Box 115

Borrower City

LAKE CITY

Borrower State

IA

Borrower Zip

51449-1581

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

476900.00

Current Approval Amount

476900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25108

Servicing Lender Name

United Bank of Iowa

Servicing Lender Address

501 2nd St

Servicing Lender City

IDA GROVE

Servicing Lender State

IA

Servicing Lender Zip

51445-1304

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAKE CITY

Project County Name

CALHOUN

Project State

IA

Project Zip

51449-1581

CD

IA-04

Jobs Reported

45

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6900.00

Payroll Proceed

460000.00

Mortgage Interest Proceed

10000.00

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

25108

Originating Lender

United Bank of Iowa

Originating Lender City

IDA GROVE

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

479918.19

Forgiveness Date

12/03/2020

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