PPP Loan information for Ray's auto body shop of princeton, inc.

$34,800

Ray's auto body shop of princeton, inc. was initially approved for PPP Loan of amount $34,800, the current approved amount is $34,800. The loan was approved on 04/14/2020 by The Frandsen Bank & Trust reported 5 jobs and $34,800 was used to fund payroll.

Ray's auto body shop of princeton, inc. is Existing or more than 2 years old

PPP Loan Search / MN / PRINCETON / Ray's auto body shop of princeton, inc.

RAY'S AUTO BODY SHOP OF PRINCETON, INC.

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RAY'S AUTO BODY SHOP OF PRINCETON, INC.

Borrower Address

31320 125th St NW

Borrower City

PRINCETON

Borrower State

MN

Borrower Zip

55371

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

34800.00

Current Approval Amount

34800.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PRINCETON

Project County Name

MILLE LACS

Project State

MN

Project Zip

55371-0001

CD

MN-06

Jobs Reported

5

NAICS Code

811121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3480.00

Payroll Proceed

26100.00

Mortgage Interest Proceed

5220.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

35158.49

Forgiveness Date

05/05/2021

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