Jensen INC

$327,000 PPP Loan in Marshalltown, Iowa

Loan Details

Loan Number
4513427006
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$327,000
Current Approval
$327,000
Forgiveness Amount
$329,198
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Jensen INC
Address
2805 S Center St
State
Iowa
ZIP Code
50158-4709
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423110)
Franchise
Ford Motor Company Dealer Sales and Service Agreement
Business Age
Change of Ownership
Jobs Reported
21
Estimated Revenue
$6.4M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$245,250
Rent
$81,750

Lender Information

Servicing Lender
Gnb Bank
Originating Lender
Gnb Bank

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