Shore Motor Co.

$159,000 PPP Loan in Clarinda, Iowa

Loan Details

Loan Number
6859787005
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$159,000
Current Approval
$159,000
Forgiveness Amount
$160,550
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Shore Motor Co.
Address
222 S 16th St
State
Iowa
ZIP Code
51632-2106
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-03

Loan Use Breakdown

Payroll
$159,000

Lender Information

Servicing Lender
Bank Iowa
Originating Lender
Bank Iowa

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