PPP Loan information for John wiese ford inc

$581,700

John wiese ford inc was initially approved for PPP Loan of amount $581,700, the current approved amount is $581,700. The loan was approved on 04/05/2020 by The First State Bank of Sauk Centre reported 51 jobs and $581,700 was used to fund payroll.

John wiese ford inc is Existing or more than 2 years old

JOHN WIESE FORD INC

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

JOHN WIESE FORD INC

Borrower Address

203 10TH ST S

Borrower City

SAUK CENTRE

Borrower State

MN

Borrower Zip

56378-1616

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

581700.00

Current Approval Amount

581700.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

38882

Servicing Lender Name

First State Bank of Sauk Centre

Servicing Lender Address

423 Main St

Servicing Lender City

SAUK CENTRE

Servicing Lender State

MN

Servicing Lender Zip

56378-1508

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAUK CENTRE

Project County Name

STEARNS

Project State

MN

Project Zip

56378-1616

CD

MN-07

Jobs Reported

51

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

173984.00

Payroll Proceed

304584.00

Mortgage Interest Proceed

0.00

Rent Proceed

70074.00

Refinance EIDL Proceed

0.00

Health Care Proceed

33058.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38882

Originating Lender

First State Bank of Sauk Centre

Originating Lender City

SAUK CENTRE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

585545.68

Forgiveness Date

12/09/2020

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