PPP Loan information for Home town repair, inc

$28,000

Home town repair, inc was initially approved for PPP Loan of amount $28,000, the current approved amount is $28,000. The loan was approved on 04/10/2020 by The Magnifi Financial CU reported 5 jobs and $28,000 was used to fund payroll.

Home town repair, inc is Existing or more than 2 years old

HOME TOWN REPAIR, INC

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

HOME TOWN REPAIR, INC

Borrower Address

425 E MAIN ST

Borrower City

PERHAM

Borrower State

MN

Borrower Zip

56573-1807

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

28000.00

Current Approval Amount

28000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PERHAM

Project County Name

OTTER TAIL

Project State

MN

Project Zip

56573-1807

CD

MN-07

Jobs Reported

5

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1377.00

Payroll Proceed

23517.00

Mortgage Interest Proceed

2931.00

Rent Proceed

175.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

28288.44

Forgiveness Date

04/29/2021

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