Ollenburg Motors, Inc.
$165,500 PPP Loan in Garner, Iowa
Loan Details
- Loan Number
- 4659337006
- Date Approved
- Apr 4, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $165,500
- Current Approval
- $165,500
- Forgiveness Amount
- $166,792
- Forgiveness Date
- Jan 20, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Ollenburg Motors, Inc.
- Address
- 525 Highway 18 W
- City
- Garner
- State
- Iowa
- ZIP Code
- 50438-1017
- Business Type
- Corporation
- Industry (NAICS)
- Other Services (except Public Administration) (811111)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 13
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- IA-04
Loan Use Breakdown
- Payroll
- $118,000
- Utilities
- $12,000
- Health Care
- $15,000
- Mortgage Interest
- $3,500
- Debt Interest
- $17,000
Lender Information
- Servicing Lender
- Clear Lake Bank & Trust Company
- Originating Lender
- Clear Lake Bank & Trust Company
Other PPP Loans in Garner, IA
| Business | Approved | |
|---|---|---|
| Stellar Industries INC | $6,288,800 | |
| Nid, INC | $2,094,800 | |
| Diversified Management Solutions INC | $1,875,000 | |
| Hueneman Farms Lc | $483,265 | |
| Hancock County Cooperative Oil Association | $311,277 |
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