PPP Loan information for Mills automotive group, inc.

$4,368,006

Mills automotive group, inc. was initially approved for PPP Loan of amount $3,887,025, the current approved amount is $4,368,006. The loan was approved on 04/05/2020 by The Bremer Bank, National Association reported 394 jobs and $4,368,006 was used to fund payroll.

Mills automotive group, inc. is Existing or more than 2 years old

MILLS AUTOMOTIVE GROUP, INC.

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MILLS AUTOMOTIVE GROUP, INC.

Borrower Address

14858 Dellwood Drive

Borrower City

BAXTER

Borrower State

MN

Borrower Zip

56425-9746

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3887025.00

Current Approval Amount

4368006.00

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

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BAXTER

Project County Name

CROW WING

Project State

MN

Project Zip

56425-9746

CD

MN-08

Jobs Reported

394

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

4368006.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4424730.24

Forgiveness Date

07/29/2021

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