PPP Loan information for Air bag repair inc

$88,700

Air bag repair inc was initially approved for PPP Loan of amount $88,700, the current approved amount is $88,700. The loan was approved on 01/19/2021 by The The Bank of Elk River reported 5 jobs and $88,700 was used to fund payroll.

Air bag repair inc is Existing or more than 2 years old

PPP Loan Search / MN / Big Lake / Air bag repair inc

AIR BAG REPAIR INC

Date Approved

01/19/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

AIR BAG REPAIR INC

Borrower Address

22615 County Road 5 NW

Borrower City

Big Lake

Borrower State

MN

Borrower Zip

55309-9295

Loan Status Date

10/31/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

88700.00

Current Approval Amount

88700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38030

Servicing Lender Name

The Bank of Elk River

Servicing Lender Address

630 Main St

Servicing Lender City

ELK RIVER

Servicing Lender State

MN

Servicing Lender Zip

55330-1503

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Big Lake

Project County Name

SHERBURNE

Project State

MN

Project Zip

55309-9295

CD

MN-06

Jobs Reported

5

NAICS Code

811111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

88698.00

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

38030

Originating Lender

The Bank of Elk River

Originating Lender City

ELK RIVER

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

89339.13

Forgiveness Date

10/13/2021

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