PPP Loan information for Kersten's auto sales, inc.

$120,100

Kersten's auto sales, inc. was initially approved for PPP Loan of amount $120,100, the current approved amount is $120,100. The loan was approved on 04/09/2020 by The Premier Bank reported 13 jobs and $120,100 was used to fund payroll.

Kersten's auto sales, inc. is Existing or more than 2 years old

KERSTEN'S AUTO SALES, INC.

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

KERSTEN'S AUTO SALES, INC.

Borrower Address

15587 Forest Blvd N

Borrower City

HUGO

Borrower State

MN

Borrower Zip

55038-8369

Loan Status Date

11/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

120100.00

Current Approval Amount

120100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38359

Servicing Lender Name

Premier Bank

Servicing Lender Address

2866 White Bear Ave

Servicing Lender City

MAPLEWOOD

Servicing Lender State

MN

Servicing Lender Zip

55109-1301

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUGO

Project County Name

WASHINGTON

Project State

MN

Project Zip

55038-8369

CD

MN-08

Jobs Reported

13

NAICS Code

441120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

115100.00

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

38359

Originating Lender

Premier Bank

Originating Lender City

MAPLEWOOD

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

110708.61

Forgiveness Date

11/03/2020

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