PPP Loan information for Turnkey auto

$12,500

Turnkey auto was initially approved for PPP Loan of amount $12,500, the current approved amount is $12,500. The loan was approved on 04/10/2020 by The Farmers & Merchants Savings Bank reported 2 jobs and $12,500 was used to fund payroll.

Turnkey auto is Existing or more than 2 years old

TURNKEY AUTO

Date Approved

04/10/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

TURNKEY AUTO

Borrower Address

1811 500TH ST

Borrower City

KALONA

Borrower State

IA

Borrower Zip

52247-9249

Loan Status Date

04/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

12500.00

Current Approval Amount

12500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25202

Servicing Lender Name

Farmers & Merchants Savings Bank

Servicing Lender Address

2235 Mormon Trek Blvd

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52246-4436

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KALONA

Project County Name

JOHNSON

Project State

IA

Project Zip

52247-9249

CD

IA-01

Jobs Reported

2

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

625.00

Payroll Proceed

9375.00

Mortgage Interest Proceed

2500.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

25202

Originating Lender

Farmers & Merchants Savings Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

11263.21

Forgiveness Date

11/10/2020

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