King Automotive INC

$67,500 PPP Loan in Waterloo, Iowa

Loan Details

Loan Number
9398887109
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$67,500
Current Approval
$67,500
Forgiveness Amount
$68,181
Forgiveness Date
Apr 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
King Automotive INC
Address
425 Laporte Road
State
Iowa
ZIP Code
50702
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811111)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IA-02

Loan Use Breakdown

Payroll
$50,625
Rent
$4,219
Utilities
$4,219
Mortgage Interest
$4,219
Debt Interest
$4,219

Lender Information

Servicing Lender
Midwestone Bank
Originating Lender
Midwestone Bank

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