PPP Loan information for Thiel motor sales, inc.

$71,100

Thiel motor sales, inc. was initially approved for PPP Loan of amount $77,300, the current approved amount is $71,100. The loan was approved on 04/06/2020 by The First Central State Bank reported 10 jobs and $71,100 was used to fund payroll.

Thiel motor sales, inc. is Existing or more than 2 years old

THIEL MOTOR SALES, INC.

Date Approved

04/06/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

THIEL MOTOR SALES, INC.

Borrower Address

911 westwood Dr.

Borrower City

DE WITT

Borrower State

IA

Borrower Zip

52742-1261

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

77300.00

Current Approval Amount

71100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24910

Servicing Lender Name

First Central State Bank

Servicing Lender Address

914 6th Ave

Servicing Lender City

DE WITT

Servicing Lender State

IA

Servicing Lender Zip

52742-1331

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DE WITT

Project County Name

CLINTON

Project State

IA

Project Zip

52742-1261

CD

IA-01

Jobs Reported

10

NAICS Code

441120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6490.00

Payroll Proceed

56880.00

Mortgage Interest Proceed

7730.00

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

24910

Originating Lender

First Central State Bank

Originating Lender City

DE WITT

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

71503.19

Forgiveness Date

11/10/2020

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