PPP Loan information for Avalon express, inc.

$898,300

Avalon express, inc. was initially approved for PPP Loan of amount $955,200, the current approved amount is $898,300. The loan was approved on 04/08/2020 by The Merchants Bank, National Association reported 64 jobs and $898,300 was used to fund payroll.

Avalon express, inc. is Existing or more than 2 years old

PPP Loan Search / MN / CANNON FALLS / Avalon express, inc.

AVALON EXPRESS, INC.

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

AVALON EXPRESS, INC.

Borrower Address

32453 64TH Ave Way

Borrower City

CANNON FALLS

Borrower State

MN

Borrower Zip

55009-4354

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

955200.00

Current Approval Amount

898300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CANNON FALLS

Project County Name

GOODHUE

Project State

MN

Project Zip

55009-4354

CD

MN-01

Jobs Reported

64

NAICS Code

484110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1134.00

Payroll Proceed

650304.00

Mortgage Interest Proceed

0.00

Rent Proceed

246862.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

904463.34

Forgiveness Date

12/28/2020

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