PPP Loan information for Montag bros., inc.

$123,819

Montag bros., inc. was initially approved for PPP Loan of amount $123,819, the current approved amount is $123,819. The loan was approved on 04/08/2020 by The West Iowa Bank reported 12 jobs and $123,819 was used to fund payroll.

Montag bros., inc. is Existing or more than 2 years old

MONTAG BROS., INC.

Date Approved

04/08/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MONTAG BROS., INC.

Borrower Address

17 2ND ST SE

Borrower City

WEST BEND

Borrower State

IA

Borrower Zip

50597-5027

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

123819.00

Current Approval Amount

123819.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

25576

Servicing Lender Name

West Iowa Bank

Servicing Lender Address

319 S Broadway Ave

Servicing Lender City

WEST BEND

Servicing Lender State

IA

Servicing Lender Zip

50597

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST BEND

Project County Name

PALO ALTO

Project State

IA

Project Zip

50597-5027

CD

IA-04

Jobs Reported

12

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

123819.00

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

25576

Originating Lender

West Iowa Bank

Originating Lender City

WEST BEND

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

114561.16

Forgiveness Date

12/09/2020

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