PPP Loan information for Midwest auto sales, inc

$116,625

Midwest auto sales, inc was initially approved for PPP Loan of amount $116,625, the current approved amount is $116,625. The loan was approved on 04/08/2020 by The South Ottumwa Savings Bank reported 14 jobs and $116,625 was used to fund payroll.

Midwest auto sales, inc is Existing or more than 2 years old

PPP Loan Search / IA / OTTUMWA / Midwest auto sales, inc

MIDWEST AUTO SALES, INC

Date Approved

04/08/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MIDWEST AUTO SALES, INC

Borrower Address

414 Garfield St

Borrower City

OTTUMWA

Borrower State

IA

Borrower Zip

52501-4318

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

116625.00

Current Approval Amount

116625.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25361

Servicing Lender Name

South Ottumwa Savings Bank

Servicing Lender Address

320 Church St

Servicing Lender City

OTTUMWA

Servicing Lender State

IA

Servicing Lender Zip

52501-4211

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

OTTUMWA

Project County Name

WAPELLO

Project State

IA

Project Zip

52501-4318

CD

IA-03

Jobs Reported

14

NAICS Code

441120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

116625.00

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

Corporation

Originating Lender Location Id

25361

Originating Lender

South Ottumwa Savings Bank

Originating Lender City

OTTUMWA

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

117483.49

Forgiveness Date

01/07/2021

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