PPP Loan information for Maki body shop

$169,400

Maki body shop was initially approved for PPP Loan of amount $169,400, the current approved amount is $169,400. The loan was approved on 04/08/2020 by The Woodland Bank reported 11 jobs and $169,400 was used to fund payroll.

Maki body shop is Existing or more than 2 years old

MAKI BODY SHOP

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MAKI BODY SHOP

Borrower Address

624 NW 4TH ST

Borrower City

GRAND RAPIDS

Borrower State

MN

Borrower Zip

55744-2302

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

169400.00

Current Approval Amount

169400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38785

Servicing Lender Name

Woodland Bank

Servicing Lender Address

217 Main Ave East

Servicing Lender City

DEER RIVER

Servicing Lender State

MN

Servicing Lender Zip

56636-8737

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

ITASCA

Project State

MN

Project Zip

55744-2302

CD

MN-08

Jobs Reported

11

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

15000.00

Payroll Proceed

148400.00

Mortgage Interest Proceed

3000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

3000

Business Type

Subchapter S Corporation

Originating Lender Location Id

38785

Originating Lender

Woodland Bank

Originating Lender City

DEER RIVER

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

170524.63

Forgiveness Date

12/10/2020

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