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Asher Motor Company. Inc.

$222,500 PPP Loan in Spencer, Iowa

Loan Details

Loan Number
4617707001
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$222,500
Current Approval
$222,500
Forgiveness Amount
$225,176
Forgiveness Date
Jun 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Asher Motor Company. Inc.
Address
228 11th Street SE Plz
City
Spencer
State
Iowa
ZIP Code
51301-6000
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
18
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$195,600
Utilities
$3,000
Health Care
$23,900

Lender Information

Servicing Lender
Community State Bank
Originating Lender
Community State Bank

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