PPP Loan information for Dale's auto repair & towing inc

$75,073

Dale's auto repair & towing inc was initially approved for PPP Loan of amount $75,073, the current approved amount is $75,073. The loan was approved on 02/12/2021 by The Community Development Bank, FSB reported 5 jobs and $75,073 was used to fund payroll.

Dale's auto repair & towing inc is Existing or more than 2 years old

PPP Loan Search / MN / Saint Michael / Dale's auto repair & towing inc

DALE'S AUTO REPAIR & TOWING INC

Date Approved

02/12/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

DALE'S AUTO REPAIR & TOWING INC

Borrower Address

13100 43rd St NE

Borrower City

Saint Michael

Borrower State

MN

Borrower Zip

55376-9448

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

75072.50

Current Approval Amount

75072.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38719

Servicing Lender Name

Community Development Bank, FSB

Servicing Lender Address

516 Main St

Servicing Lender City

OGEMA

Servicing Lender State

MN

Servicing Lender Zip

56569

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Saint Michael

Project County Name

WRIGHT

Project State

MN

Project Zip

55376-9448

CD

MN-06

Jobs Reported

5

NAICS Code

811111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

75069.50

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

38719

Originating Lender

Community Development Bank, FSB

Originating Lender City

OGEMA

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

75349.85

Forgiveness Date

06/29/2021

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