PPP borrower record
THE ELECTRIC MOTOR SHOP INCORPORATED PPP loan record
Public SBA PPP loan record for THE ELECTRIC MOTOR SHOP INCORPORATED. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$97,400
Approved amount
$97,726
Forgiven amount
2021-01-31
Date approved
Borrower and loan details
Borrower
THE ELECTRIC MOTOR SHOP INCORPORATED
Loan number
9784228300
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Postville
Borrower state
Iowa
Borrower ZIP
52162
Jobs reported
9
Loan status
Exemption 4
Forgiveness date
2021-06-14
Servicing lender
Fidelity Bank & Trust
Originating lender
Fidelity Bank & Trust
Reported use of proceeds
Payroll
$97,400
Rent
N/A
Utilities
N/A
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A
Location pages
Related directories
Source note
PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.