PPP Loan information for Automotive machine shop service

$5,350

Automotive machine shop service was initially approved for PPP Loan of amount $5,350, the current approved amount is $5,350. The loan was approved on 05/08/2020 by The Deerwood Bank reported 1 jobs and $5,350 was used to fund payroll.

Automotive machine shop service is Existing or more than 2 years old

PPP Loan Search / MN / WAITE PARK / Automotive machine shop service

AUTOMOTIVE MACHINE SHOP SERVICE

Date Approved

05/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

AUTOMOTIVE MACHINE SHOP SERVICE

Borrower Address

29 2nd Ave N

Borrower City

WAITE PARK

Borrower State

MN

Borrower Zip

56387

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5350.00

Current Approval Amount

5350.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36772

Servicing Lender Name

Deerwood Bank

Servicing Lender Address

131 6th Ave South, Ste 100

Servicing Lender City

WAITE PARK

Servicing Lender State

MN

Servicing Lender Zip

56387-1360

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WAITE PARK

Project County Name

STEARNS

Project State

MN

Project Zip

56387-0001

CD

MN-06

Jobs Reported

1

NAICS Code

811111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

70.00

Payroll Proceed

4280.00

Mortgage Interest Proceed

0.00

Rent Proceed

1000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

36772

Originating Lender

Deerwood Bank

Originating Lender City

WAITE PARK

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

5376.16

Forgiveness Date

11/05/2020

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