PPP Loan information for Boyer motor co.

$69,300

Boyer motor co. was initially approved for PPP Loan of amount $69,300, the current approved amount is $69,300. The loan was approved on 04/09/2020 by The First State Bank of Sauk Centre reported 8 jobs and $69,300 was used to fund payroll.

Boyer motor co. is Existing or more than 2 years old

BOYER MOTOR CO.

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BOYER MOTOR CO.

Borrower Address

1162 MAIN ST

Borrower City

SAUK CENTRE

Borrower State

MN

Borrower Zip

56378-1653

Loan Status Date

11/20/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

69300.00

Current Approval Amount

69300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38882

Servicing Lender Name

First State Bank of Sauk Centre

Servicing Lender Address

423 Main St

Servicing Lender City

SAUK CENTRE

Servicing Lender State

MN

Servicing Lender Zip

56378-1508

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAUK CENTRE

Project County Name

STEARNS

Project State

MN

Project Zip

56378-1653

CD

MN-07

Jobs Reported

8

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

55509.00

Mortgage Interest Proceed

0.00

Rent Proceed

13791.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38882

Originating Lender

First State Bank of Sauk Centre

Originating Lender City

SAUK CENTRE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

69633.03

Forgiveness Date

10/08/2020

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