PPP Loan information for Api auto parts inc

$121,500

Api auto parts inc was initially approved for PPP Loan of amount $130,500, the current approved amount is $121,500. The loan was approved on 04/13/2020 by The Park State Bank reported 31 jobs and $121,500 was used to fund payroll.

Api auto parts inc is Existing or more than 2 years old

PPP Loan Search / MN / HIBBING / Api auto parts inc

API AUTO PARTS INC

Date Approved

04/13/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

API AUTO PARTS INC

Borrower Address

2611 E Beltline

Borrower City

HIBBING

Borrower State

MN

Borrower Zip

55746-2303

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

130500.00

Current Approval Amount

121500.00

Undisbursed Amount

0.00

Franchise Name

Napa AutoCare Program Membership Agreement

Servicing Lender Location Id

36814

Servicing Lender Name

Park State Bank

Servicing Lender Address

2630 W Superior St

Servicing Lender City

DULUTH

Servicing Lender State

MN

Servicing Lender Zip

55806-1817

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HIBBING

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55746-2303

CD

MN-08

Jobs Reported

31

NAICS Code

441310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20000.00

Payroll Proceed

97200.00

Mortgage Interest Proceed

0.00

Rent Proceed

4300.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

36814

Originating Lender

Park State Bank

Originating Lender City

DULUTH

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

122526.00

Forgiveness Date

02/19/2021

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