Lichtsinn Motors INC
$765,700 PPP Loan in Forest City, Iowa
Loan Details
- Loan Number
- 4350297009
- Date Approved
- Apr 3, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $765,700
- Current Approval
- $765,700
- Forgiveness Amount
- $771,443
- Forgiveness Date
- Jan 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Lichtsinn Motors INC
- Address
- 505 Highway 9 E
- City
- Forest City
- State
- Iowa
- ZIP Code
- 50436-1014
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 42
- Estimated Revenue
- $11.0M
- Rural/Urban
- Rural
- Congressional District
- IA-04
Loan Use Breakdown
- Payroll
- $574,256
- Utilities
- $95,734
- Health Care
- $95,710
Lender Information
- Servicing Lender
- Manufacturers Bank & Trust Company
- Originating Lender
- Manufacturers Bank & Trust Company
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| Holland Contracting Corp. | $651,000 |  Research |
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