PPP Loan information for Extreme automotive group llc

$280,000

Extreme automotive group llc was initially approved for PPP Loan of amount $280,000, the current approved amount is $280,000. The loan was approved on 07/23/2020 by The Magnifi Financial CU reported 14 jobs and $280,000 was used to fund payroll.

Extreme automotive group llc is Existing or more than 2 years old

EXTREME AUTOMOTIVE GROUP LLC

Date Approved

07/23/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

EXTREME AUTOMOTIVE GROUP LLC

Borrower Address

169 First St

Borrower City

Forest Lake

Borrower State

MN

Borrower Zip

55025

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

280000.00

Current Approval Amount

280000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Forest Lake

Project County Name

WASHINGTON

Project State

MN

Project Zip

55025-0001

CD

MN-08

Jobs Reported

14

NAICS Code

522220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

280000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

256226.86

Forgiveness Date

03/03/2022

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