PPP Loan information for Erickson truck salvage & sales, inc.

$491,300

Erickson truck salvage & sales, inc. was initially approved for PPP Loan of amount $491,300, the current approved amount is $491,300. The loan was approved on 04/04/2020 by The Community State Bank reported 60 jobs and $491,300 was used to fund payroll.

Erickson truck salvage & sales, inc. is New Business or 2 years or less

PPP Loan Search / MN / JACKSON / Erickson truck salvage & sales, inc.

ERICKSON TRUCK SALVAGE & SALES, INC.

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ERICKSON TRUCK SALVAGE & SALES, INC.

Borrower Address

75196 PETERSBURG RD

Borrower City

JACKSON

Borrower State

MN

Borrower Zip

56143-3274

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

491300.00

Current Approval Amount

491300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24536

Servicing Lender Name

Community State Bank

Servicing Lender Address

1812 Hwy Blvd

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-2211

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

JACKSON

Project County Name

JACKSON

Project State

MN

Project Zip

56143-3274

CD

MN-01

Jobs Reported

60

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

55600.00

Payroll Proceed

369200.00

Mortgage Interest Proceed

6000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

33200.00

Debt Interest Proceed

27300

Business Type

Subchapter S Corporation

Originating Lender Location Id

24536

Originating Lender

Community State Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

496090.17

Forgiveness Date

03/31/2021

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