PPP Loan information for Lenny's crossroads automotive

$47,300

Lenny's crossroads automotive was initially approved for PPP Loan of amount $47,300, the current approved amount is $47,300. The loan was approved on 04/10/2020 by The Deerwood Bank reported 4 jobs and $47,300 was used to fund payroll.

Lenny's crossroads automotive is Existing or more than 2 years old

PPP Loan Search / MN / WAITE PARK / Lenny's crossroads automotive

LENNY'S CROSSROADS AUTOMOTIVE

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LENNY'S CROSSROADS AUTOMOTIVE

Borrower Address

349 2nd Ave NE

Borrower City

WAITE PARK

Borrower State

MN

Borrower Zip

56387-1223

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47300.00

Current Approval Amount

47300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36772

Servicing Lender Name

Deerwood Bank

Servicing Lender Address

131 6th Ave South, Ste 100

Servicing Lender City

WAITE PARK

Servicing Lender State

MN

Servicing Lender Zip

56387-1360

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WAITE PARK

Project County Name

STEARNS

Project State

MN

Project Zip

56387-1223

CD

MN-06

Jobs Reported

4

NAICS Code

811111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1000.00

Payroll Proceed

40800.00

Mortgage Interest Proceed

2000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1500.00

Debt Interest Proceed

2000

Business Type

Subchapter S Corporation

Originating Lender Location Id

36772

Originating Lender

Deerwood Bank

Originating Lender City

WAITE PARK

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

47667.89

Forgiveness Date

01/25/2021

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