Humboldt Motor Sales, INC
$117,600 PPP Loan in Humboldt, Iowa
Loan Details
- Loan Number
- 4979927005
- Date Approved
- Apr 4, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $117,600
- Current Approval
- $117,600
- Forgiveness Amount
- $118,378
- Forgiveness Date
- Feb 12, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Humboldt Motor Sales, INC
- Address
- 2225 220th St
- City
- Humboldt
- State
- Iowa
- ZIP Code
- 50548-8886
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441120)
- Franchise
- General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 10
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- IA-04
Loan Use Breakdown
- Payroll
- $94,156
- Utilities
- $23,444
Lender Information
- Servicing Lender
- Bank Iowa
- Originating Lender
- Bank Iowa
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|---|---|---|
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| Humboldt County Memorial Hospital | $2,221,600 | AI Deep Dive |
| Corn Belt Power Cooperative | $1,546,200 | AI Deep Dive |
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