PPP Loan information for Friedrichs tire & oil co.

$83,500

Friedrichs tire & oil co. was initially approved for PPP Loan of amount $83,500, the current approved amount is $83,500. The loan was approved on 04/06/2020 by The First State Bank of Sauk Centre reported 7 jobs and $83,500 was used to fund payroll.

Friedrichs tire & oil co. is Existing or more than 2 years old

PPP Loan Search / MN / SAUK CENTRE / Friedrichs tire & oil co.

FRIEDRICHS TIRE & OIL CO.

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

FRIEDRICHS TIRE & OIL CO.

Borrower Address

200 MAIN ST

Borrower City

SAUK CENTRE

Borrower State

MN

Borrower Zip

56378-1112

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

83500.00

Current Approval Amount

83500.00

Undisbursed Amount

0.00

Franchise Name

Offen Petroleum (Sinclair) Retail Product Sales Agreement

Servicing Lender Location Id

38882

Servicing Lender Name

First State Bank of Sauk Centre

Servicing Lender Address

423 Main St

Servicing Lender City

SAUK CENTRE

Servicing Lender State

MN

Servicing Lender Zip

56378-1508

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAUK CENTRE

Project County Name

STEARNS

Project State

MN

Project Zip

56378-1112

CD

MN-07

Jobs Reported

7

NAICS Code

447190

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6579.00

Payroll Proceed

68475.00

Mortgage Interest Proceed

0.00

Rent Proceed

6166.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2280.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38882

Originating Lender

First State Bank of Sauk Centre

Originating Lender City

SAUK CENTRE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

84116.97

Forgiveness Date

01/07/2021

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