Bill & Ray's Auto Service, Inc.

$288,800 PPP Loan in Oskaloosa, Iowa

Loan Details

Loan Number
9334297001
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$288,800
Current Approval
$288,800
Forgiveness Amount
$290,878
Forgiveness Date
Dec 31, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Bill & Ray's Auto Service, Inc.
Address
2455 Highway 23
State
Iowa
ZIP Code
52577-9321
Business Type
Subchapter S Corporation
Industry (NAICS)
Transportation and Warehousing (488999)
Business Age
Existing or more than 2 years old
Jobs Reported
26
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-01

Loan Use Breakdown

Payroll
$276,800
Rent
$4,000
Utilities
$4,000
Mortgage Interest
$4,000

Lender Information

Servicing Lender
Bank Iowa
Originating Lender
Bank Iowa

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