PPP Loan information for Downtown tire & auto inc

$51,300

Downtown tire & auto inc was initially approved for PPP Loan of amount $51,300, the current approved amount is $51,300. The loan was approved on 04/07/2020 by The Merchants Bank, National Association reported 5 jobs and $51,300 was used to fund payroll.

Downtown tire & auto inc is Existing or more than 2 years old

PPP Loan Search / MN / HASTINGS / Downtown tire & auto inc

DOWNTOWN TIRE & AUTO INC

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DOWNTOWN TIRE & AUTO INC

Borrower Address

320 VERMILLION ST

Borrower City

HASTINGS

Borrower State

MN

Borrower Zip

55033-1237

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

51300.00

Current Approval Amount

51300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HASTINGS

Project County Name

DAKOTA

Project State

MN

Project Zip

55033-1237

CD

MN-02

Jobs Reported

5

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1456.00

Payroll Proceed

45444.00

Mortgage Interest Proceed

0.00

Rent Proceed

4400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

46589.38

Forgiveness Date

11/30/2020

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