Propst Auto Service Inc.

$52,500 PPP Loan in Festus, Missouri

Loan Details

Loan Number
8868077201
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$52,500
Current Approval
$52,500
Forgiveness Amount
$53,047
Forgiveness Date
May 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Propst Auto Service Inc.
Address
301 N Mill St
City
Festus
ZIP Code
63028
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811121)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MO-08

Loan Use Breakdown

Payroll
$42,500
Rent
$7,000
Utilities
$2,500
Debt Interest
$500

Lender Information

Servicing Lender
Commerce Bank
Originating Lender
Commerce Bank

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