PPP Loan information for Manders diesel repair inc

$297,300

Manders diesel repair inc was initially approved for PPP Loan of amount $297,300, the current approved amount is $297,300. The loan was approved on 04/08/2020 by The First Minnetonka City Bank reported 19 jobs and $297,300 was used to fund payroll.

Manders diesel repair inc is Existing or more than 2 years old

MANDERS DIESEL REPAIR INC

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MANDERS DIESEL REPAIR INC

Borrower Address

11250 W 215TH ST

Borrower City

LAKEVILLE

Borrower State

MN

Borrower Zip

55044-8654

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

297300.00

Current Approval Amount

297300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38609

Servicing Lender Name

First Minnetonka City Bank

Servicing Lender Address

14550 Excelsior Blvd

Servicing Lender City

MINNETONKA

Servicing Lender State

MN

Servicing Lender Zip

55345

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAKEVILLE

Project County Name

DAKOTA

Project State

MN

Project Zip

55044-8654

CD

MN-02

Jobs Reported

19

NAICS Code

441228

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

297300.00

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

Subchapter S Corporation

Originating Lender Location Id

38609

Originating Lender

First Minnetonka City Bank

Originating Lender City

MINNETONKA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

298968.18

Forgiveness Date

11/03/2020

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