Lauterbach Buick Gmc Inc.
$213,000 PPP Loan in Newton, Iowa
Loan Details
- Loan Number
- 4798867110
- Date Approved
- Apr 13, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $213,000
- Current Approval
- $213,000
- Forgiveness Amount
- $214,355
- Forgiveness Date
- Dec 9, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Lauterbach Buick Gmc Inc.
- Address
- 2900 1st Ave
- City
- Newton
- State
- Iowa
- ZIP Code
- 50208-4199
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 28
- Estimated Revenue
- $7.1M
- Rural/Urban
- Rural
- Congressional District
- IA-01
Loan Use Breakdown
- Payroll
- $213,000
Lender Information
- Servicing Lender
- Bank Iowa
- Originating Lender
- Bank Iowa
Other PPP Loans in Newton, IA
| Business | Approved | |
|---|---|---|
| The Vernon Company | $2,000,000 |  Research |
| Van Maanen Electric Inc. | $2,000,000 | Research |
| Van Maanen Electric, Inc. | $1,969,300 | Research |
| Thombert, Inc. | $1,964,400 | Research |
| Fremont Farms of Iowa LLP | $1,881,250 | Research |
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