PPP Loan information for Automotive ventures group, inc.

$157,000

Automotive ventures group, inc. was initially approved for PPP Loan of amount $157,000, the current approved amount is $157,000. The loan was approved on 04/03/2020 by The Park State Bank reported 12 jobs and $157,000 was used to fund payroll.

Automotive ventures group, inc. is Existing or more than 2 years old

PPP Loan Search / MN / New Brighton / Automotive ventures group, inc.

AUTOMOTIVE VENTURES GROUP, INC.

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

AUTOMOTIVE VENTURES GROUP, INC.

Borrower Address

201 W County Road E2

Borrower City

New Brighton

Borrower State

MN

Borrower Zip

55112-6821

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

157000.00

Current Approval Amount

157000.00

Undisbursed Amount

0.00

Franchise Name

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

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

New Brighton

Project County Name

RAMSEY

Project State

MN

Project Zip

55112-0001

CD

MN-04

Jobs Reported

12

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

130000.00

Mortgage Interest Proceed

0.00

Rent Proceed

27000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36814

Originating Lender

Park State Bank

Originating Lender City

DULUTH

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

158548.49

Forgiveness Date

04/12/2021

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