PPP Loan information for Motoprimo south llc

$363,400

Motoprimo south llc was initially approved for PPP Loan of amount $363,400, the current approved amount is $363,400. The loan was approved on 04/06/2020 by The Highland Bank reported 29 jobs and $363,400 was used to fund payroll.

Motoprimo south llc is Existing or more than 2 years old

PPP Loan Search / MN / LAKEVILLE / Motoprimo south llc

MOTOPRIMO SOUTH LLC

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MOTOPRIMO SOUTH LLC

Borrower Address

16640 Kenrick Ave44

Borrower City

LAKEVILLE

Borrower State

MN

Borrower Zip

55044

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

363400.00

Current Approval Amount

363400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38837

Servicing Lender Name

Highland Bank

Servicing Lender Address

113 Central Ave East

Servicing Lender City

St. Michael

Servicing Lender State

MN

Servicing Lender Zip

55376

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAKEVILLE

Project County Name

DAKOTA

Project State

MN

Project Zip

55044-0001

CD

MN-02

Jobs Reported

29

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

363400.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

38837

Originating Lender

Highland Bank

Originating Lender City

St. Michael

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

355423.58

Forgiveness Date

11/17/2020

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