Vern Laures Auto Center, Inc.

$241,900 PPP Loan in New Hampton, Iowa

Loan Details

Loan Number
4575087006
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$241,900
Current Approval
$241,900
Forgiveness Amount
$243,312
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Vern Laures Auto Center, Inc.
Address
1950 N. Linn Avenue
State
Iowa
ZIP Code
50659-9405
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-02

Loan Use Breakdown

Payroll
$241,900

Lender Information

Servicing Lender
Bank Iowa
Originating Lender
Bank Iowa

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