PPP Loan information for Red cedar automotive inc

$27,242

Red cedar automotive inc was initially approved for PPP Loan of amount $27,242, the current approved amount is $27,242. The loan was approved on 02/10/2021 by The Merchants Bank, National Association reported 2 jobs and $27,242 was used to fund payroll.

Red cedar automotive inc is Existing or more than 2 years old

RED CEDAR AUTOMOTIVE INC

Date Approved

02/10/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

RED CEDAR AUTOMOTIVE INC

Borrower Address

1221 Broadway St N

Borrower City

Menomonie

Borrower State

WI

Borrower Zip

54751-1518

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

27242.00

Current Approval Amount

27242.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Menomonie

Project County Name

DUNN

Project State

WI

Project Zip

54751-1518

CD

WI-03

Jobs Reported

2

NAICS Code

522220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

27242.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

27571.93

Forgiveness Date

04/28/2022

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