PPP Loan information for Scott family motors

$39,800

Scott family motors was initially approved for PPP Loan of amount $39,800, the current approved amount is $39,800. The loan was approved on 04/03/2020 by The Heritage Bank reported 5 jobs and $39,800 was used to fund payroll.

Scott family motors is Existing or more than 2 years old

PPP Loan Search / IA / SPRINGVILLE / Scott family motors

SCOTT FAMILY MOTORS

Date Approved

04/03/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

SCOTT FAMILY MOTORS

Borrower Address

11 1st Avenue

Borrower City

SPRINGVILLE

Borrower State

IA

Borrower Zip

52336-9793

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

39800.00

Current Approval Amount

39800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24836

Servicing Lender Name

Heritage Bank

Servicing Lender Address

695 Marion Blvd

Servicing Lender City

MARION

Servicing Lender State

IA

Servicing Lender Zip

52302-3125

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPRINGVILLE

Project County Name

LINN

Project State

IA

Project Zip

52336-9793

CD

IA-02

Jobs Reported

5

NAICS Code

441120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

29372.00

Mortgage Interest Proceed

7894.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2534.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

24836

Originating Lender

Heritage Bank

Originating Lender City

MARION

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

34977.87

Forgiveness Date

10/15/2020

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