PPP Loan information for Gatr of elk river inc.

$655,477

Gatr of elk river inc. was initially approved for PPP Loan of amount $655,477, the current approved amount is $655,477. The loan was approved on 02/17/2021 by The West Bank reported 56 jobs and $655,477 was used to fund payroll.

Gatr of elk river inc. is Existing or more than 2 years old

GATR OF ELK RIVER INC.

Date Approved

02/17/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

GATR OF ELK RIVER INC.

Borrower Address

218 Stearns Dr

Borrower City

Sauk Rapids

Borrower State

MN

Borrower Zip

56379-2520

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

655477.00

Current Approval Amount

655477.00

Undisbursed Amount

0.00

Franchise Name

Volvo Trucks North America - Dealer Sales and Service Agreement

Servicing Lender Location Id

25587

Servicing Lender Name

West Bank

Servicing Lender Address

1601 22nd St

Servicing Lender City

WEST DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50266-1408

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sauk Rapids

Project County Name

BENTON

Project State

MN

Project Zip

56379-2520

CD

MN-06

Jobs Reported

56

NAICS Code

441228

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

655475.00

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

Subchapter S Corporation

Originating Lender Location Id

25587

Originating Lender

West Bank

Originating Lender City

WEST DES MOINES

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

658476.03

Forgiveness Date

08/13/2021

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