PPP Loan information for Mclaughlin motors, llc

$267,072

Mclaughlin motors, llc was initially approved for PPP Loan of amount $267,072, the current approved amount is $267,072. The loan was approved on 04/08/2020 by The Iowa Savings Bank reported 21 jobs and $267,072 was used to fund payroll.

Mclaughlin motors, llc is Existing or more than 2 years old

PPP Loan Search / IA / COON RAPIDS / Mclaughlin motors, llc

MCLAUGHLIN MOTORS, LLC

Date Approved

04/08/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MCLAUGHLIN MOTORS, LLC

Borrower Address

30711 HIGHWAY 141

Borrower City

COON RAPIDS

Borrower State

IA

Borrower Zip

50058-7212

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

267071.77

Current Approval Amount

267071.77

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

24796

Servicing Lender Name

Iowa Savings Bank

Servicing Lender Address

510 W US Hwy 30

Servicing Lender City

CARROLL

Servicing Lender State

IA

Servicing Lender Zip

51401-2248

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COON RAPIDS

Project County Name

CARROLL

Project State

IA

Project Zip

50058-7212

CD

IA-04

Jobs Reported

21

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

267071.77

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

Limited Liability Company(LLC)

Originating Lender Location Id

24796

Originating Lender

Iowa Savings Bank

Originating Lender City

CARROLL

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

270187.61

Forgiveness Date

06/11/2021

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