PPP Loan information for Joe's auto care inc

$260,039

Joe's auto care inc was initially approved for PPP Loan of amount $285,385, the current approved amount is $260,039. The loan was approved on 04/06/2020 by The Home Federal Savings Bank reported 16 jobs and $260,039 was used to fund payroll.

Joe's auto care inc is Existing or more than 2 years old

JOE'S AUTO CARE INC

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

JOE'S AUTO CARE INC

Borrower Address

923 6TH ST NW

Borrower City

ROCHESTER

Borrower State

MN

Borrower Zip

55901-2742

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

285385.00

Current Approval Amount

260039.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81242

Servicing Lender Name

Home Federal Savings Bank

Servicing Lender Address

1016 Civic Center Dr NW

Servicing Lender City

ROCHESTER

Servicing Lender State

MN

Servicing Lender Zip

55901-1881

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROCHESTER

Project County Name

OLMSTED

Project State

MN

Project Zip

55901-2742

CD

MN-01

Jobs Reported

16

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

260039.00

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

81242

Originating Lender

Home Federal Savings Bank

Originating Lender City

ROCHESTER

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

251435.05

Forgiveness Date

11/03/2020

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