PPP Loan information for Grover auto company inc.

$312,000

Grover auto company inc. was initially approved for PPP Loan of amount $312,000, the current approved amount is $312,000. The loan was approved on 04/07/2020 by The Frandsen Bank & Trust reported 26 jobs and $312,000 was used to fund payroll.

Grover auto company inc. is Existing or more than 2 years old

GROVER AUTO COMPANY INC.

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

GROVER AUTO COMPANY INC.

Borrower Address

400 County 10 Blvd

Borrower City

ZUMBROTA

Borrower State

MN

Borrower Zip

55992-1695

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

312000.00

Current Approval Amount

312000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ZUMBROTA

Project County Name

GOODHUE

Project State

MN

Project Zip

55992-1695

CD

MN-01

Jobs Reported

26

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

312000.00

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

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

303937.83

Forgiveness Date

12/04/2020

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