PPP Loan information for Busch automotive llc

$63,400

Busch automotive llc was initially approved for PPP Loan of amount $63,400, the current approved amount is $63,400. The loan was approved on 04/10/2020 by The The Bank of Elk River reported 5 jobs and $63,400 was used to fund payroll.

Busch automotive llc is Existing or more than 2 years old

PPP Loan Search / MN / BIG LAKE / Busch automotive llc

BUSCH AUTOMOTIVE LLC

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BUSCH AUTOMOTIVE LLC

Borrower Address

22613 171 ST

Borrower City

BIG LAKE

Borrower State

MN

Borrower Zip

55309-4117

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

63400.00

Current Approval Amount

63400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38030

Servicing Lender Name

The Bank of Elk River

Servicing Lender Address

630 Main St

Servicing Lender City

ELK RIVER

Servicing Lender State

MN

Servicing Lender Zip

55330-1503

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BIG LAKE

Project County Name

SHERBURNE

Project State

MN

Project Zip

55309-4117

CD

MN-06

Jobs Reported

5

NAICS Code

811121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

63400.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

38030

Originating Lender

The Bank of Elk River

Originating Lender City

ELK RIVER

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

63875.93

Forgiveness Date

01/20/2021

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