PPP Loan information for Goodguys motor co., inc.

$47,738

Goodguys motor co., inc. was initially approved for PPP Loan of amount $47,738, the current approved amount is $47,738. The loan was approved on 04/10/2020 by The Granite Bank reported 6 jobs and $47,738 was used to fund payroll.

Goodguys motor co., inc. is Existing or more than 2 years old

GOODGUYS MOTOR CO., INC.

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

GOODGUYS MOTOR CO., INC.

Borrower Address

1104 Division St

Borrower City

Waite Park

Borrower State

MN

Borrower Zip

56387-1002

Loan Status Date

12/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47737.50

Current Approval Amount

47737.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36743

Servicing Lender Name

Granite Bank

Servicing Lender Address

202 2nd Ave S

Servicing Lender City

COLD SPRING

Servicing Lender State

MN

Servicing Lender Zip

56320

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Waite Park

Project County Name

STEARNS

Project State

MN

Project Zip

56387-1002

CD

MN-06

Jobs Reported

6

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

47737.50

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

36743

Originating Lender

Granite Bank

Originating Lender City

COLD SPRING

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

48082.27

Forgiveness Date

01/07/2021

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