PPP Loan information for Motors on ten, llc

$336,336

Motors on ten, llc was initially approved for PPP Loan of amount $336,336, the current approved amount is $336,336. The loan was approved on 04/07/2020 by The Village Bank reported 19 jobs and $336,336 was used to fund payroll.

Motors on ten, llc is Existing or more than 2 years old

MOTORS ON TEN, LLC

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MOTORS ON TEN, LLC

Borrower Address

9387 HIGHWAY 10 NW

Borrower City

RAMSEY

Borrower State

MN

Borrower Zip

55303-7224

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

336336.00

Current Approval Amount

336336.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118028

Servicing Lender Name

Village Bank

Servicing Lender Address

3350 Bridge St NW

Servicing Lender City

SAINT FRANCIS

Servicing Lender State

MN

Servicing Lender Zip

55070-9732

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RAMSEY

Project County Name

ANOKA

Project State

MN

Project Zip

55303-7224

CD

MN-06

Jobs Reported

19

NAICS Code

441228

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

336336.00

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

118028

Originating Lender

Village Bank

Originating Lender City

SAINT FRANCIS

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

339164.91

Forgiveness Date

02/19/2021

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