PPP Loan information for Interstate motor trucks, inc.

$381,352

Interstate motor trucks, inc. was initially approved for PPP Loan of amount $381,352, the current approved amount is $381,352. The loan was approved on 04/08/2020 by The Security Bank Minnesota reported 47 jobs and $381,352 was used to fund payroll.

Interstate motor trucks, inc. is Existing or more than 2 years old

PPP Loan Search / MN / ALBERT LEA / Interstate motor trucks, inc.

INTERSTATE MOTOR TRUCKS, INC.

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

INTERSTATE MOTOR TRUCKS, INC.

Borrower Address

1900 SORENSON RD

Borrower City

ALBERT LEA

Borrower State

MN

Borrower Zip

56007-6300

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

381352.00

Current Approval Amount

381352.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36585

Servicing Lender Name

Security Bank Minnesota

Servicing Lender Address

437 Bridge Ave

Servicing Lender City

Albert Lea

Servicing Lender State

MN

Servicing Lender Zip

56007-2954

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ALBERT LEA

Project County Name

FREEBORN

Project State

MN

Project Zip

56007-6300

CD

MN-01

Jobs Reported

47

NAICS Code

441228

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

381352.00

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

Corporation

Originating Lender Location Id

36585

Originating Lender

Security Bank Minnesota

Originating Lender City

Albert Lea

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

383724.86

Forgiveness Date

11/24/2020

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