PPP Loan information for 1 speed inc

$50,100

1 speed inc was initially approved for PPP Loan of amount $50,100, the current approved amount is $50,100. The loan was approved on 04/28/2020 by The Bell Bank reported 14 jobs and $50,100 was used to fund payroll.

1 speed inc is Existing or more than 2 years old

1 SPEED INC

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

1 SPEED INC

Borrower Address

1102 HOBART ST

Borrower City

HAWLEY

Borrower State

MN

Borrower Zip

56549-4000

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50100.00

Current Approval Amount

50100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52771

Servicing Lender Name

Bell Bank

Servicing Lender Address

3100 13th Ave South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58103-3507

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HAWLEY

Project County Name

CLAY

Project State

MN

Project Zip

56549-4000

CD

MN-07

Jobs Reported

14

NAICS Code

447110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

50100.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

52771

Originating Lender

Bell Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

50418.69

Forgiveness Date

12/28/2020

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