PPP Loan information for Davis chevrolet of delano inc.

$379,200

Davis chevrolet of delano inc. was initially approved for PPP Loan of amount $379,200, the current approved amount is $379,200. The loan was approved on 04/10/2020 by The Magnifi Financial CU reported 42 jobs and $379,200 was used to fund payroll.

Davis chevrolet of delano inc. is Existing or more than 2 years old

PPP Loan Search / MN / DELANO / Davis chevrolet of delano inc.

DAVIS CHEVROLET OF DELANO INC.

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DAVIS CHEVROLET OF DELANO INC.

Borrower Address

505 BABCOCK BLVD

Borrower City

DELANO

Borrower State

MN

Borrower Zip

55328-9126

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

379200.00

Current Approval Amount

379200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DELANO

Project County Name

WRIGHT

Project State

MN

Project Zip

55328-9126

CD

MN-06

Jobs Reported

42

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10000.00

Payroll Proceed

319200.00

Mortgage Interest Proceed

20000.00

Rent Proceed

30000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

381392.09

Forgiveness Date

11/12/2020

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