PPP Loan information for Mckays family dodge inc

$590,800

Mckays family dodge inc was initially approved for PPP Loan of amount $590,800, the current approved amount is $590,800. The loan was approved on 04/06/2020 by The Deerwood Bank reported 85 jobs and $590,800 was used to fund payroll.

Mckays family dodge inc is Existing or more than 2 years old

PPP Loan Search / MN / WAITE PARK / Mckays family dodge inc

MCKAYS FAMILY DODGE INC

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MCKAYS FAMILY DODGE INC

Borrower Address

2020 Frontage Rd So

Borrower City

WAITE PARK

Borrower State

MN

Borrower Zip

56387

Loan Status Date

04/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

590800.00

Current Approval Amount

590800.00

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

56387-0001

CD

MN-06

Jobs Reported

85

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

12000.00

Payroll Proceed

470000.00

Mortgage Interest Proceed

0.00

Rent Proceed

80000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

28800.00

Debt Interest Proceed

0

Business Type

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

596527.48

Forgiveness Date

03/31/2021

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