PPP Loan information for Express auto transport inc

$397,427

Express auto transport inc was initially approved for PPP Loan of amount $397,427, the current approved amount is $397,427. The loan was approved on 04/07/2020 by The Sterling State Bank reported 27 jobs and $397,427 was used to fund payroll.

Express auto transport inc is New Business or 2 years or less

PPP Loan Search / MN / FARMINGTON / Express auto transport inc

EXPRESS AUTO TRANSPORT INC

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

EXPRESS AUTO TRANSPORT INC

Borrower Address

22015 Canton Ct

Borrower City

FARMINGTON

Borrower State

MN

Borrower Zip

55024-8505

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

397427.30

Current Approval Amount

397427.30

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36611

Servicing Lender Name

Sterling State Bank

Servicing Lender Address

1419 1st Ave SW

Servicing Lender City

AUSTIN

Servicing Lender State

MN

Servicing Lender Zip

55912-1603

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

FARMINGTON

Project County Name

DAKOTA

Project State

MN

Project Zip

55024-8505

CD

MN-02

Jobs Reported

27

NAICS Code

484110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

397427.30

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

36611

Originating Lender

Sterling State Bank

Originating Lender City

AUSTIN

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

402174.35

Forgiveness Date

06/15/2021

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