Clinton Auto Group

$387,000 PPP Loan in Clinton, Iowa

Loan Details

Loan Number
5169697000
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$387,000
Current Approval
$387,000
Forgiveness Amount
$390,700
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Clinton Auto Group
Address
2850 Valley West Dr
State
Iowa
ZIP Code
52732-7701
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
33
Estimated Revenue
$8.3M
Rural/Urban
Rural
Congressional District
IA-01

Loan Use Breakdown

Payroll
$324,000
Rent
$43,000
Utilities
$14,000
Mortgage Interest
$6,000

Lender Information

Servicing Lender
The Clinton National Bank
Originating Lender
The Clinton National Bank

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