PPP Loan information for Automotive restyling concepts, inc.

$857,400

Automotive restyling concepts, inc. was initially approved for PPP Loan of amount $683,600, the current approved amount is $857,400. The loan was approved on 04/11/2020 by The MidWestOne Bank reported 70 jobs and $857,400 was used to fund payroll.

Automotive restyling concepts, inc. is Existing or more than 2 years old

PPP Loan Search / MN / NEW HOPE / Automotive restyling concepts, inc.

AUTOMOTIVE RESTYLING CONCEPTS, INC.

Date Approved

04/11/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

AUTOMOTIVE RESTYLING CONCEPTS, INC.

Borrower Address

2731 NEVADA AVE N

Borrower City

NEW HOPE

Borrower State

MN

Borrower Zip

55427-2806

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

683600.00

Current Approval Amount

857400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW HOPE

Project County Name

HENNEPIN

Project State

MN

Project Zip

55427-2806

CD

MN-05

Jobs Reported

70

NAICS Code

441310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

53587.50

Payroll Proceed

643050.00

Mortgage Interest Proceed

53587.50

Rent Proceed

53587.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

53587.5

Business Type

Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

862711.12

Forgiveness Date

11/25/2020

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