Pella Motors INC
$394,400 PPP Loan in Pella, Iowa
Loan Details
- Loan Number
- 5727127108
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $394,400
- Current Approval
- $394,400
- Forgiveness Amount
- $399,702
- Forgiveness Date
- Aug 16, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Pella Motors INC
- Address
- 604 E Oskaloosa Street
- City
- Pella
- State
- Iowa
- ZIP Code
- 50219-2238
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- Dodge - Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 35
- Estimated Revenue
- $8.8M
- Rural/Urban
- Rural
- Congressional District
- IA-01
Loan Use Breakdown
- Payroll
- $295,800
- Rent
- $24,650
- Utilities
- $24,650
- Mortgage Interest
- $24,650
- Debt Interest
- $24,650
Lender Information
- Servicing Lender
- Midwestone Bank
- Originating Lender
- Midwestone Bank
Other PPP Loans in Pella, IA
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|---|---|---|
| Central College | $4,709,682 |  Research |
| Ldj Manufacturing, Inc. | $1,250,000 | Research |
| Van Gorp Corporation | $773,000 | Research |
| Ice Technologies, Inc. | $751,720 | Research |
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