PPP Loan information for Raleigh johnson motor company

$226,800

Raleigh johnson motor company was initially approved for PPP Loan of amount $226,800, the current approved amount is $226,800. The loan was approved on 04/07/2020 by The MidWestOne Bank reported 24 jobs and $226,800 was used to fund payroll.

Raleigh johnson motor company is Existing or more than 2 years old

PPP Loan Search / IA / BELLE PLAINE / Raleigh johnson motor company

RALEIGH JOHNSON MOTOR COMPANY

Date Approved

04/07/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

RALEIGH JOHNSON MOTOR COMPANY

Borrower Address

210 7th Ave

Borrower City

BELLE PLAINE

Borrower State

IA

Borrower Zip

52208-2100

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

226800.00

Current Approval Amount

226800.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BELLE PLAINE

Project County Name

BENTON

Project State

IA

Project Zip

52208-2100

CD

IA-02

Jobs Reported

24

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

14175.00

Payroll Proceed

170100.00

Mortgage Interest Proceed

14175.00

Rent Proceed

14175.00

Refinance EIDL Proceed

0.00

Health Care Proceed

14175.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

229206.60

Forgiveness Date

05/03/2021

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