Hosmer Automotive, INC

$213,100 PPP Loan in Mason City, Iowa

Loan Details

Loan Number
6002107001
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$213,100
Current Approval
$213,100
Forgiveness Amount
$214,746
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Hosmer Automotive, INC
Address
3825 4th 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
15
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IA-02

Loan Use Breakdown

Payroll
$175,000
Rent
$18,100
Utilities
$20,000

Lender Information

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

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