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Kemna Motor Company

$426,000 PPP Loan in Algona, Iowa

Loan Details

Loan Number
4345407000
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$426,000
Current Approval
$426,000
Forgiveness Amount
$431,207
Forgiveness Date
Jun 29, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Kemna Motor Company
Address
617 Highway 18 W
City
Algona
State
Iowa
ZIP Code
50511-7231
Business Type
Corporation
Industry (NAICS)
Retail Trade (441120)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$7.6M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$426,000

Lender Information

Servicing Lender
Bank Midwest
Originating Lender
Bank Midwest

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