PPP Loan information for Militello motors inc

$103,405

Militello motors inc was initially approved for PPP Loan of amount $103,405, the current approved amount is $103,405. The loan was approved on 01/26/2021 by The Bank Midwest reported 13 jobs and $103,405 was used to fund payroll.

Militello motors inc is Existing or more than 2 years old

PPP Loan Search / MN / Fairmont / Militello motors inc

MILITELLO MOTORS INC

Date Approved

01/26/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

MILITELLO MOTORS INC

Borrower Address

1029 N State St

Borrower City

Fairmont

Borrower State

MN

Borrower Zip

56031-3738

Loan Status Date

08/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

103405.00

Current Approval Amount

103405.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38258

Servicing Lender Name

Bank Midwest

Servicing Lender Address

1525 18th St

Servicing Lender City

SPIRIT LAKE

Servicing Lender State

IA

Servicing Lender Zip

51360-1023

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fairmont

Project County Name

MARTIN

Project State

MN

Project Zip

56031-3738

CD

MN-01

Jobs Reported

13

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

103405.00

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

Corporation

Originating Lender Location Id

38258

Originating Lender

Bank Midwest

Originating Lender City

SPIRIT LAKE

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

103933.51

Forgiveness Date

08/02/2021

;