R & K Vollmar Motors, Inc.

$109,500 PPP Loan in Holstein, Iowa

Loan Details

Loan Number
1092157103
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$109,500
Current Approval
$109,500
Forgiveness Amount
$110,233
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
R & K Vollmar Motors, Inc.
Address
117 W 2nd St
State
Iowa
ZIP Code
51025-7705
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
13
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$100,000
Rent
$8,500
Utilities
$1,000

Lender Information

Servicing Lender
United Bank of Iowa
Originating Lender
United Bank of Iowa

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