PPP Loan information for Crossroads trailer sales & service, inc.

$1,008,600

Crossroads trailer sales & service, inc. was initially approved for PPP Loan of amount $1,008,600, the current approved amount is $1,008,600. The loan was approved on 04/10/2020 by The Arcadian Bank reported 76 jobs and $1,008,600 was used to fund payroll.

Crossroads trailer sales & service, inc. is Existing or more than 2 years old

PPP Loan Search / MN / ALBERT LEA / Crossroads trailer sales & service, inc.

CROSSROADS TRAILER SALES & SERVICE, INC.

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CROSSROADS TRAILER SALES & SERVICE, INC.

Borrower Address

2501 CROSSROADS BLVD

Borrower City

ALBERT LEA

Borrower State

MN

Borrower Zip

56007-4002

Loan Status Date

03/03/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1008600.00

Current Approval Amount

1008600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38215

Servicing Lender Name

Arcadian Bank

Servicing Lender Address

601 N Broadway

Servicing Lender City

HARTLAND

Servicing Lender State

MN

Servicing Lender Zip

56042-9782

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ALBERT LEA

Project County Name

FREEBORN

Project State

MN

Project Zip

56007-4002

CD

MN-01

Jobs Reported

76

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

988600.00

Mortgage Interest Proceed

0.00

Rent Proceed

15000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38215

Originating Lender

Arcadian Bank

Originating Lender City

HARTLAND

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1014623.97

Forgiveness Date

11/27/2020

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