PPP Loan information for Ryan motors inc.

$929,400

Ryan motors inc. was initially approved for PPP Loan of amount $929,400, the current approved amount is $929,400. The loan was approved on 04/08/2020 by The Farmers State Bank reported 76 jobs and $929,400 was used to fund payroll.

Ryan motors inc. is Existing or more than 2 years old

RYAN MOTORS INC.

Date Approved

04/08/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

RYAN MOTORS INC.

Borrower Address

1190 BOYSON RD

Borrower City

HIAWATHA

Borrower State

IA

Borrower Zip

52233-2200

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

929400.00

Current Approval Amount

929400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25235

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

1240 8th Ave

Servicing Lender City

MARION

Servicing Lender State

IA

Servicing Lender Zip

52302-3504

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HIAWATHA

Project County Name

LINN

Project State

IA

Project Zip

52233-2200

CD

IA-02

Jobs Reported

76

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

93100.00

Payroll Proceed

743250.00

Mortgage Interest Proceed

0.00

Rent Proceed

93050.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

25235

Originating Lender

Farmers State Bank

Originating Lender City

MARION

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

935131.30

Forgiveness Date

11/27/2020

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