PPP Loan information for Med city taxi, inc

$120,800

Med city taxi, inc was initially approved for PPP Loan of amount $120,800, the current approved amount is $120,800. The loan was approved on 04/14/2020 by The Bremer Bank, National Association reported 19 jobs and $120,800 was used to fund payroll.

Med city taxi, inc is Existing or more than 2 years old

MED CITY TAXI, INC

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MED CITY TAXI, INC

Borrower Address

7828 Leqve Drive SW

Borrower City

ROCHESTER

Borrower State

MN

Borrower Zip

55902

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

120800.00

Current Approval Amount

120800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38908

Servicing Lender Name

Bremer Bank, National Association

Servicing Lender Address

372 St. Peter St

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55102-1302

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCHESTER

Project County Name

OLMSTED

Project State

MN

Project Zip

55902-0001

CD

MN-01

Jobs Reported

19

NAICS Code

485320

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

120800.00

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

38908

Originating Lender

Bremer Bank, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

121667.11

Forgiveness Date

01/08/2021

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