Date Approved
04/09/2020
SBA Office Code
0761
Processing Method
PPP
Borrower Name
M&C AUTOMOTICE INC.
Borrower Address
102 N Hyland
Borrower City
AMES
Borrower State
IA
Borrower Zip
50014
Loan Status Date
03/05/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
56167.55
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
25336
Servicing Lender Name
VisionBank of Iowa
Servicing Lender Address
104 Chestnut St
Servicing Lender City
Servicing Lender State
Servicing Lender Zip
50010-8058
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
STORY
Project State
Project Zip
50014-0001
CD
IA-04
Jobs Reported
5
NAICS Code
811111
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
2167.55
Payroll Proceed
48000.00
Mortgage Interest Proceed
6000.00
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
56659.02
Forgiveness Date
03/01/2021