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Lems Auto Recyclers, INC

$177,400 PPP Loan in Doon, Iowa

Loan Details

Loan Number
5406378609
Date Approved
Mar 20, 2021
Loan Status
Paid in Full
Initial Approval
$177,400
Current Approval
$177,400
Forgiveness Amount
$178,573
Forgiveness Date
Nov 24, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Lems Auto Recyclers, INC
Address
402 Gere Ave
City
Doon
State
Iowa
ZIP Code
51235-7722
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423140)
Business Age
Existing or more than 2 years old
Jobs Reported
16
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$177,397
Utilities
$1

Lender Information

Servicing Lender
Premier Bank
Originating Lender
Premier Bank

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