Lemars Agricenter, Inc.

$88,900 PPP Loan in Le Mars, Iowa

Loan Details

Loan Number
4463687004
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$88,900
Current Approval
$88,900
Forgiveness Amount
$89,640
Forgiveness Date
Feb 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lemars Agricenter, Inc.
Address
205 1st Ave SW
State
Iowa
ZIP Code
51031-2001
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424510)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$70,900
Rent
$5,000
Utilities
$9,000
Debt Interest
$4,000

Lender Information

Servicing Lender
American Bank, National Association
Originating Lender
American Bank, National Association

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