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 02/18/2021 by The Sterling State Bank reported 32 jobs and $397,427 was used to fund payroll.

Express auto transport inc is Existing or more than 2 years old

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

EXPRESS AUTO TRANSPORT INC

Date Approved

02/18/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

EXPRESS AUTO TRANSPORT INC

Borrower Address

22015 Canton Ct

Borrower City

Farmington

Borrower State

MN

Borrower Zip

55024-8505

Loan Status Date

04/15/2022

Loan Status

Paid in Full

Term

60

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

Existing or more than 2 years old

Project City

Farmington

Project County Name

DAKOTA

Project State

MN

Project Zip

55024-8505

CD

MN-02

Jobs Reported

32

NAICS Code

488490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

397425.30

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

401677.56

Forgiveness Date

03/14/2022

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