PPP Loan information for Nates garage, inc.

$87,300

Nates garage, inc. was initially approved for PPP Loan of amount $87,300, the current approved amount is $87,300. The loan was approved on 04/06/2020 by The The State Bank of Faribault reported 13 jobs and $87,300 was used to fund payroll.

Nates garage, inc. is Existing or more than 2 years old

NATES GARAGE, INC.

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NATES GARAGE, INC.

Borrower Address

1717 N HIGHWAY 20

Borrower City

CANNON FALLS

Borrower State

MN

Borrower Zip

55009-1187

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

87300.00

Current Approval Amount

87300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38055

Servicing Lender Name

The State Bank of Faribault

Servicing Lender Address

428 Central Ave

Servicing Lender City

FARIBAULT

Servicing Lender State

MN

Servicing Lender Zip

55021-5217

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CANNON FALLS

Project County Name

DAKOTA

Project State

MN

Project Zip

55009-1187

CD

MN-01

Jobs Reported

13

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

87300.00

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

38055

Originating Lender

The State Bank of Faribault

Originating Lender City

FARIBAULT

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

87959.60

Forgiveness Date

01/07/2021

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