PPP Loan information for Maley automotive

$12,000

Maley automotive was initially approved for PPP Loan of amount $12,000, the current approved amount is $12,000. The loan was approved on 04/13/2020 by The Houghton State Bank reported 2 jobs and $12,000 was used to fund payroll.

Maley automotive is Existing or more than 2 years old

MALEY AUTOMOTIVE

Date Approved

04/13/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MALEY AUTOMOTIVE

Borrower Address

212 W PROSPECT ST

Borrower City

RED OAK

Borrower State

IA

Borrower Zip

51566-1400

Loan Status Date

01/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

12000.00

Current Approval Amount

12000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25408

Servicing Lender Name

Houghton State Bank

Servicing Lender Address

116 Coolbaugh St

Servicing Lender City

RED OAK

Servicing Lender State

IA

Servicing Lender Zip

51566-2273

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RED OAK

Project County Name

MONTGOMERY

Project State

IA

Project Zip

51566-1400

CD

IA-03

Jobs Reported

2

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2000.00

Payroll Proceed

10000.00

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

Partnership

Originating Lender Location Id

25408

Originating Lender

Houghton State Bank

Originating Lender City

RED OAK

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

12072.67

Forgiveness Date

11/25/2020

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