PPP Loan information for Richards auto repair and towing

$57,100

Richards auto repair and towing was initially approved for PPP Loan of amount $57,100, the current approved amount is $57,100. The loan was approved on 04/14/2020 by The State Bank of Fairmont reported 6 jobs and $57,100 was used to fund payroll.

Richards auto repair and towing is Existing or more than 2 years old

PPP Loan Search / MN / FAIRMONT / Richards auto repair and towing

RICHARDS AUTO REPAIR AND TOWING

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RICHARDS AUTO REPAIR AND TOWING

Borrower Address

410 East Blue Earth Ave

Borrower City

FAIRMONT

Borrower State

MN

Borrower Zip

56031-3947

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

57100.00

Current Approval Amount

57100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38050

Servicing Lender Name

State Bank of Fairmont

Servicing Lender Address

918 E Blue Earth Ave

Servicing Lender City

FAIRMONT

Servicing Lender State

MN

Servicing Lender Zip

56031-4036

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIRMONT

Project County Name

MARTIN

Project State

MN

Project Zip

56031-3947

CD

MN-01

Jobs Reported

6

NAICS Code

488410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4000.00

Payroll Proceed

52000.00

Mortgage Interest Proceed

1100.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

38050

Originating Lender

State Bank of Fairmont

Originating Lender City

FAIRMONT

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

57685.28

Forgiveness Date

04/20/2021

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