PPP Loan information for Grand rapids tire & auto inc.

$55,435

Grand rapids tire & auto inc. was initially approved for PPP Loan of amount $55,435, the current approved amount is $55,435. The loan was approved on 03/17/2021 by The Grand Rapids State Bank reported 6 jobs and $55,435 was used to fund payroll.

Grand rapids tire & auto inc. is Existing or more than 2 years old

GRAND RAPIDS TIRE & AUTO INC.

Date Approved

03/17/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

GRAND RAPIDS TIRE & AUTO INC.

Borrower Address

525 NE 4th St

Borrower City

Grand Rapids

Borrower State

MN

Borrower Zip

55744-2955

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

55434.74

Current Approval Amount

55434.74

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38190

Servicing Lender Name

Grand Rapids State Bank

Servicing Lender Address

523 NW 1st Ave

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MN

Servicing Lender Zip

55744-2618

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Grand Rapids

Project County Name

ITASCA

Project State

MN

Project Zip

55744-2955

CD

MN-08

Jobs Reported

6

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

55434.74

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

38190

Originating Lender

Grand Rapids State Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

55636.46

Forgiveness Date

07/28/2021

;