PPP Loan information for Red shed mechanics inc

$23,200

Red shed mechanics inc was initially approved for PPP Loan of amount $23,200, the current approved amount is $23,200. The loan was approved on 04/01/2021 by The U.S. Bank, National Association reported 2 jobs and $23,200 was used to fund payroll.

Red shed mechanics inc is Existing or more than 2 years old

RED SHED MECHANICS INC

Date Approved

04/01/2021

SBA Office Code

0563

Processing Method

PPP

Borrower Name

RED SHED MECHANICS INC

Borrower Address

3248 County Rd W

Borrower City

Frederic

Borrower State

WI

Borrower Zip

54837-4225

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

23200.00

Current Approval Amount

23200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Frederic

Project County Name

POLK

Project State

WI

Project Zip

54837-4225

CD

WI-07

Jobs Reported

2

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

23200.00

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

Subchapter S Corporation

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

23267.67

Forgiveness Date

07/19/2021

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