PPP Loan information for All cars inc

$50,000

All cars inc was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 04/05/2020 by The Sterling State Bank reported 4 jobs and $50,000 was used to fund payroll.

All cars inc is Existing or more than 2 years old

ALL CARS INC

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ALL CARS INC

Borrower Address

1616 HWY 13 W

Borrower City

BURNSVILLE

Borrower State

MN

Borrower Zip

55337-2210

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36611

Servicing Lender Name

Sterling State Bank

Servicing Lender Address

1419 1st Ave SW

Servicing Lender City

AUSTIN

Servicing Lender State

MN

Servicing Lender Zip

55912-1603

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BURNSVILLE

Project County Name

DAKOTA

Project State

MN

Project Zip

55337-2210

CD

MN-02

Jobs Reported

4

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

50000.00

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

36611

Originating Lender

Sterling State Bank

Originating Lender City

AUSTIN

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

50294.44

Forgiveness Date

11/09/2020

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