PPP Loan information for Mike's repair, inc

$37,000

Mike's repair, inc was initially approved for PPP Loan of amount $37,000, the current approved amount is $37,000. The loan was approved on 04/07/2020 by The First United Bank reported 5 jobs and $37,000 was used to fund payroll.

Mike's repair, inc is Existing or more than 2 years old

MIKE'S REPAIR, INC

Date Approved

04/07/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

MIKE'S REPAIR, INC

Borrower Address

1929 Hwy 81 S PO BOX 409

Borrower City

GRAFTON

Borrower State

ND

Borrower Zip

58237-0409

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

37000.00

Current Approval Amount

37000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52926

Servicing Lender Name

First United Bank

Servicing Lender Address

503 Briggs Ave South

Servicing Lender City

PARK RIVER

Servicing Lender State

ND

Servicing Lender Zip

58270

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRAFTON

Project County Name

WALSH

Project State

ND

Project Zip

58237-0409

CD

ND-

Jobs Reported

5

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2000.00

Payroll Proceed

33000.00

Mortgage Interest Proceed

0.00

Rent Proceed

2000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

52926

Originating Lender

First United Bank

Originating Lender City

PARK RIVER

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

37210.69

Forgiveness Date

11/05/2020

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