Pierson Motor Company Inc.
$232,500 PPP Loan in Spencer, Iowa
Loan Details
- Loan Number
- 4767168301
- Date Approved
- Jan 23, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $232,500
- Current Approval
- $232,500
- Forgiveness Amount
- $235,632
- Forgiveness Date
- May 31, 2022
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Pierson Motor Company Inc.
- Address
- 118 11th St SW
- City
- Spencer
- State
- Iowa
- ZIP Code
- 51301-5858
- Business Type
- Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- Ford Motor Company Dealer Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 26
- Estimated Revenue
- $6.6M
- Rural/Urban
- Rural
- Congressional District
- IA-04
Loan Use Breakdown
- Payroll
- $232,499
- Utilities
- $1
Lender Information
- Servicing Lender
- Community State Bank
- Originating Lender
- Community State Bank
Other PPP Loans in Spencer, IA
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|---|---|---|
| Shine Bros. Corp. | $2,037,200 |  Research |
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| Vander Haag's INC | $1,960,100 | Research |
| Graham Tire Company of Spencer, Inc. | $1,910,200 | Research |
| Northwest Iowa Mental Health Center | $1,364,800 | Research |
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