PPP Loan information for Austin automotive llc

$274,881

Austin automotive llc was initially approved for PPP Loan of amount $274,881, the current approved amount is $274,881. The loan was approved on 03/01/2021 by The Minnwest Bank reported 22 jobs and $274,881 was used to fund payroll.

Austin automotive llc is Existing or more than 2 years old

AUSTIN AUTOMOTIVE LLC

Date Approved

03/01/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

AUSTIN AUTOMOTIVE LLC

Borrower Address

2701 W Oakland Ave

Borrower City

Austin

Borrower State

MN

Borrower Zip

55912-4613

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

274881.15

Current Approval Amount

274881.15

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

36636

Servicing Lender Name

Minnwest Bank

Servicing Lender Address

300 S Washington St

Servicing Lender City

REDWOOD FALLS

Servicing Lender State

MN

Servicing Lender Zip

56283-1658

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Austin

Project County Name

MOWER

Project State

MN

Project Zip

55912-4613

CD

MN-01

Jobs Reported

22

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

274879.15

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

Limited Liability Company(LLC)

Originating Lender Location Id

36636

Originating Lender

Minnwest Bank

Originating Lender City

REDWOOD FALLS

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

276138.83

Forgiveness Date

08/18/2021

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