Mike's Parts & Service, Inc.

$38,500 PPP Loan in Richland, Iowa

Loan Details

Loan Number
9738467109
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$38,500
Current Approval
$38,500
Forgiveness Amount
$39,001
Forgiveness Date
Jul 29, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mike's Parts & Service, Inc.
Address
33045 315th Ave
State
Iowa
ZIP Code
52585-8590
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811191)
Business Age
Existing or more than 2 years old
Jobs Reported
4
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-01

Loan Use Breakdown

Payroll
$28,005
Rent
$3,000
Utilities
$1,550
Health Care
$4,345
Debt Interest
$1,600

Lender Information

Servicing Lender
Libertyville Savings Bank
Originating Lender
Libertyville Savings Bank

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