PPP Loan information for Bob thompson motor co

$484,779

Bob thompson motor co was initially approved for PPP Loan of amount $484,779, the current approved amount is $484,779. The loan was approved on 04/07/2020 by The Farmers & Merchants State Bank of New York Mills, Incorporated reported 70 jobs and $484,779 was used to fund payroll.

Bob thompson motor co is Existing or more than 2 years old

PPP Loan Search / MN / NEW YORK MILLS / Bob thompson motor co

BOB THOMPSON MOTOR CO

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BOB THOMPSON MOTOR CO

Borrower Address

310 Bach Avenue

Borrower City

NEW YORK MILLS

Borrower State

MN

Borrower Zip

56567-4326

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

484778.55

Current Approval Amount

484778.55

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38692

Servicing Lender Name

Farmers & Merchants State Bank of New York Mills, Incorporated

Servicing Lender Address

11 N Walker Ave

Servicing Lender City

NEW YORK MILLS

Servicing Lender State

MN

Servicing Lender Zip

56567-4424

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW YORK MILLS

Project County Name

OTTER TAIL

Project State

MN

Project Zip

56567-4326

CD

MN-07

Jobs Reported

70

NAICS Code

423110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

484778.55

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

Subchapter S Corporation

Originating Lender Location Id

38692

Originating Lender

Farmers & Merchants State Bank of New York Mills, Incorporated

Originating Lender City

NEW YORK MILLS

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

487607.53

Forgiveness Date

11/13/2020

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