Great Lakes Motor Company

$75,300 PPP Loan in Spirit Lake, Iowa

Loan Details

Loan Number
5743967004
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$75,300
Current Approval
$75,300
Forgiveness Amount
$75,934
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Great Lakes Motor Company
Address
3451 Hwy 71 S
State
Iowa
ZIP Code
51360
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$70,800
Utilities
$2,000
Mortgage Interest
$2,500

Lender Information

Servicing Lender
Northwest Bank
Originating Lender
Northwest Bank

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