PPP Loan information for Mike's repair inc.

$40,200

Mike's repair inc. was initially approved for PPP Loan of amount $40,200, the current approved amount is $40,200. The loan was approved on 01/29/2021 by The First United Bank reported 4 jobs and $40,200 was used to fund payroll.

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

MIKE'S REPAIR INC.

Date Approved

01/29/2021

SBA Office Code

0875

Processing Method

PPS

Borrower Name

MIKE'S REPAIR INC.

Borrower Address

1929 Highway 81 S

Borrower City

Grafton

Borrower State

ND

Borrower Zip

58237

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40200.00

Current Approval Amount

40200.00

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

Y

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

CD

ND-

Jobs Reported

4

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

40196.00

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

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

40399.88

Forgiveness Date

08/02/2021

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