PPP Loan information for Mankato motor company

Date Approved

04/11/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MANKATO MOTOR COMPANY

Borrower Address

1815 Madison Avenue

Borrower City

MANKATO

Borrower State

MN

Borrower Zip

56001-5449

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1341280.00

Current Approval Amount

1341280.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MANKATO

Project County Name

BLUE EARTH

Project State

MN

Project Zip

56001-5449

CD

MN-01

Jobs Reported

114

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

42941.00

Payroll Proceed

1052545.00

Mortgage Interest Proceed

0.00

Rent Proceed

200000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

45794.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1355592.95

Forgiveness Date

05/13/2021