Ron Drenkow Motors, Inc.
$184,300 PPP Loan in Sheldon, Iowa
Loan Details
- Loan Number
- 5443097001
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $184,300
- Current Approval
- $184,300
- Forgiveness Amount
- $185,446
- Forgiveness Date
- Nov 30, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Ron Drenkow Motors, Inc.
- Address
- 2604 E Park St
- City
- Sheldon
- State
- Iowa
- ZIP Code
- 51201-0368
- 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
- 16
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- IA-04
Loan Use Breakdown
- Payroll
- $136,000
- Utilities
- $6,000
- Health Care
- $10,686
- Debt Interest
- $31,614
Lender Information
- Servicing Lender
- Citizens State Bank
- Originating Lender
- Citizens State Bank
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