PPP Loan information for Eide motors, inc.

$299,400

Eide motors, inc. was initially approved for PPP Loan of amount $257,600, the current approved amount is $299,400. The loan was approved on 04/03/2020 by The First State Bank reported 27 jobs and $299,400 was used to fund payroll.

Eide motors, inc. is Existing or more than 2 years old

PPP Loan Search / ND / GRAND FORKS / Eide motors, inc.

EIDE MOTORS, INC.

Date Approved

04/03/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

EIDE MOTORS, INC.

Borrower Address

1300 South Washington St.

Borrower City

GRAND FORKS

Borrower State

ND

Borrower Zip

58201-5435

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

257600.00

Current Approval Amount

299400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52691

Servicing Lender Name

First State Bank

Servicing Lender Address

423 Broadway

Servicing Lender City

BUXTON

Servicing Lender State

ND

Servicing Lender Zip

58218

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND FORKS

Project County Name

GRAND FORKS

Project State

ND

Project Zip

58201-5435

CD

ND-

Jobs Reported

27

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7000.00

Payroll Proceed

268400.00

Mortgage Interest Proceed

0.00

Rent Proceed

24000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

52691

Originating Lender

First State Bank

Originating Lender City

BUXTON

Originating Lender State

ND

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

301736.98

Forgiveness Date

01/20/2021

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