PPP Loan information for Motor parts & equipment inc

$290,500

Motor parts & equipment inc was initially approved for PPP Loan of amount $290,500, the current approved amount is $290,500. The loan was approved on 04/08/2020 by The Merchants Bank, National Association reported 20 jobs and $290,500 was used to fund payroll.

Motor parts & equipment inc is Existing or more than 2 years old

PPP Loan Search / MN / WINONA / Motor parts & equipment inc

MOTOR PARTS & EQUIPMENT INC

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MOTOR PARTS & EQUIPMENT INC

Borrower Address

315 W 3RD ST

Borrower City

WINONA

Borrower State

MN

Borrower Zip

55987-3120

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

290500.00

Current Approval Amount

290500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WINONA

Project County Name

WINONA

Project State

MN

Project Zip

55987-3120

CD

MN-01

Jobs Reported

20

NAICS Code

423120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

290500.00

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

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

293485.69

Forgiveness Date

04/23/2021

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