Hosmer Cars, INC

$446,200 PPP Loan in Mason City, Iowa

Loan Details

Loan Number
5987797008
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$446,200
Current Approval
$446,200
Forgiveness Amount
$449,646
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Hosmer Cars, INC
Address
3851 Fourth St SW
State
Iowa
ZIP Code
50401-7339
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
43
Estimated Revenue
$10.8M
Rural/Urban
Urban
Congressional District
IA-02

Loan Use Breakdown

Payroll
$360,000
Rent
$46,200
Utilities
$40,000

Lender Information

Servicing Lender
Clear Lake Bank & Trust Company
Originating Lender
Clear Lake Bank & Trust Company

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