PPP Loan information for Ollenburg motors, inc.

$165,500

Ollenburg motors, inc. was initially approved for PPP Loan of amount $165,500, the current approved amount is $165,500. The loan was approved on 04/04/2020 by The Clear Lake Bank & Trust Company reported 13 jobs and $165,500 was used to fund payroll.

Ollenburg motors, inc. is Existing or more than 2 years old

PPP Loan Search / IA / GARNER / Ollenburg motors, inc.

OLLENBURG MOTORS, INC.

Date Approved

04/04/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

OLLENBURG MOTORS, INC.

Borrower Address

525 HIGHWAY 18 W

Borrower City

GARNER

Borrower State

IA

Borrower Zip

50438-1017

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

165500.00

Current Approval Amount

165500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24776

Servicing Lender Name

Clear Lake Bank & Trust Company

Servicing Lender Address

322 Main Ave

Servicing Lender City

CLEAR LAKE

Servicing Lender State

IA

Servicing Lender Zip

50428-1825

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GARNER

Project County Name

HANCOCK

Project State

IA

Project Zip

50438-1017

CD

IA-04

Jobs Reported

13

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

12000.00

Payroll Proceed

118000.00

Mortgage Interest Proceed

3500.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

15000.00

Debt Interest Proceed

17000

Business Type

Corporation

Originating Lender Location Id

24776

Originating Lender

Clear Lake Bank & Trust Company

Originating Lender City

CLEAR LAKE

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

166791.82

Forgiveness Date

01/20/2021

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