PPP Loan information for Nisswa automotive, inc.

$30,890

Nisswa automotive, inc. was initially approved for PPP Loan of amount $35,030, the current approved amount is $30,890. The loan was approved on 04/12/2020 by The Frandsen Bank & Trust reported 5 jobs and $30,890 was used to fund payroll.

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

NISSWA AUTOMOTIVE, INC.

Date Approved

04/12/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NISSWA AUTOMOTIVE, INC.

Borrower Address

24535 Hazelwood Dr

Borrower City

NISSWA

Borrower State

MN

Borrower Zip

56468-2737

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

35030.00

Current Approval Amount

30890.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NISSWA

Project County Name

CROW WING

Project State

MN

Project Zip

56468-2737

CD

MN-08

Jobs Reported

5

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2500.00

Payroll Proceed

24390.00

Mortgage Interest Proceed

4000.00

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

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

31085.50

Forgiveness Date

12/09/2020

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