Jensvold Motor Co

$89,647 PPP Loan in Emmetsburg, Iowa

Loan Details

Loan Number
5069457110
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$89,647
Current Approval
$89,647
Forgiveness Amount
$90,224
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Jensvold Motor Co
Address
906 Grand Ave
State
Iowa
ZIP Code
50536-2436
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
10
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$80,572
Rent
$2,500
Health Care
$2,200
Debt Interest
$4,375

Lender Information

Servicing Lender
West Iowa Bank
Originating Lender
West Iowa Bank

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