Community Motor Co., Inc.

$846,995 PPP Loan in Cedar Falls, Iowa

Loan Details

Loan Number
4660197205
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$846,995
Current Approval
$846,995
Forgiveness Amount
$854,830
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Community Motor Co., Inc.
Address
4521 University Ave
State
Iowa
ZIP Code
50613
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
89
Estimated Revenue
$22.4M
Rural/Urban
Urban
Congressional District
IA-02

Loan Use Breakdown

Payroll
$846,995

Lender Information

Servicing Lender
U.s. Bank, National Association
Originating Lender
U.s. Bank, National Association

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