K&w Motors, Ltd

$87,902 PPP Loan in New Hampton, Iowa

Loan Details

Loan Number
7252407005
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$87,902
Current Approval
$87,902
Forgiveness Amount
$88,481
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
K&w Motors, Ltd
Address
705 W Milwaukee St
State
Iowa
ZIP Code
50659-1014
Business Type
Limited Liability Company(llc)
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
8
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-02

Loan Use Breakdown

Payroll
$70,322
Utilities
$17,580

Lender Information

Servicing Lender
Luana Savings Bank
Originating Lender
Luana Savings Bank

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