PPP Loan information for Interstate auto group inc.

$2,499,000

Interstate auto group inc. was initially approved for PPP Loan of amount $2,499,000, the current approved amount is $2,499,000. The loan was approved on 04/05/2020 by The City National Bank reported 190 jobs and $2,499,000 was used to fund payroll.

Interstate auto group inc. is Existing or more than 2 years old

PPP Loan Search / MN / MINNETONKA / Interstate auto group inc.

INTERSTATE AUTO GROUP INC.

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

INTERSTATE AUTO GROUP INC.

Borrower Address

5900 GREEN OAK DR Ste 101

Borrower City

MINNETONKA

Borrower State

MN

Borrower Zip

55343-4708

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2499000.00

Current Approval Amount

2499000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4924

Servicing Lender Name

City National Bank

Servicing Lender Address

555 S Flower St

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-2300

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MINNETONKA

Project County Name

HENNEPIN

Project State

MN

Project Zip

55343-4708

CD

MN-03

Jobs Reported

190

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

124950.00

Payroll Proceed

2124150.00

Mortgage Interest Proceed

0.00

Rent Proceed

249900.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2527481.75

Forgiveness Date

06/11/2021

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