AUTOMOTIVE ENTERPRISES INC. (IA) - 2020 PPP Loan Borrower Profile (# 2685628305)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AUTOMOTIVE ENTERPRISES INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Iowa.

Loan Detail

Loan Number

2685628305

SBA Office Code

0736

Processing Method

PPS

Curent Loan Amount

$262,500

Date Loan was Approved

Jan 21, 2021

Amount Forgiven

$265,300

Date Loan was Forgiven

Feb 10, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

262,497

Lender

Premier Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

332813

Borrower Location

Dubuque, IA

Project Location

Dubuque, IA

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.