PPP Loan information for Garage logic inc

$68,000

Garage logic inc was initially approved for PPP Loan of amount $84,200, the current approved amount is $68,000. The loan was approved on 04/03/2020 by The Dakota Community Bank & Trust, National Association reported 6 jobs and $68,000 was used to fund payroll.

Garage logic inc is Existing or more than 2 years old

GARAGE LOGIC INC

Date Approved

04/03/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

GARAGE LOGIC INC

Borrower Address

1600 BASIN AVE Suite 2

Borrower City

BISMARCK

Borrower State

ND

Borrower Zip

58504-6947

Loan Status Date

11/13/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

84200.00

Current Approval Amount

68000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52846

Servicing Lender Name

Dakota Community Bank & Trust, National Association

Servicing Lender Address

609 Main St

Servicing Lender City

HEBRON

Servicing Lender State

ND

Servicing Lender Zip

58638

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BISMARCK

Project County Name

BURLEIGH

Project State

ND

Project Zip

58504-6947

CD

ND-

Jobs Reported

6

NAICS Code

238390

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

68000.00

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

Corporation

Originating Lender Location Id

52846

Originating Lender

Dakota Community Bank & Trust, National Association

Originating Lender City

HEBRON

Originating Lender State

ND

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

68364.56

Forgiveness Date

10/21/2020

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