Freedom Racing Tool and Auto, LLC
$189,400 PPP Loan in Lamoni, Iowa
Loan Details
- Loan Number
- 4403717009
- Date Approved
- Apr 3, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $189,400
- Current Approval
- $189,400
- Forgiveness Amount
- $190,481
- Forgiveness Date
- Feb 12, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Freedom Racing Tool and Auto, LLC
- Address
- 28677 Airport Road
- City
- Lamoni
- State
- Iowa
- ZIP Code
- 50140-2299
- Business Type
- Limited Liability Partnership
- Industry (NAICS)
- Retail Trade (441310)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 31
- Estimated Revenue
- $8.4M
- Rural/Urban
- Rural
- Congressional District
- IA-03
Loan Use Breakdown
- Payroll
- $181,977
- Rent
- $2,093
- Utilities
- $4,000
- Debt Interest
- $1,330
Lender Information
- Servicing Lender
- American State Bank
- Originating Lender
- American State Bank
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