PPP Loan information for Russ's auto & scrap inc

$60,200

Russ's auto & scrap inc was initially approved for PPP Loan of amount $60,200, the current approved amount is $60,200. The loan was approved on 02/08/2021 by The First United Bank reported 6 jobs and $60,200 was used to fund payroll.

Russ's auto & scrap inc is Existing or more than 2 years old

RUSS'S AUTO & SCRAP INC

Date Approved

02/08/2021

SBA Office Code

0875

Processing Method

PPS

Borrower Name

RUSS'S AUTO & SCRAP INC

Borrower Address

1918 RUSSET AVE

Borrower City

GRAFTON

Borrower State

ND

Borrower Zip

58237

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

60200.00

Current Approval Amount

60200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52926

Servicing Lender Name

First United Bank

Servicing Lender Address

503 Briggs Ave South

Servicing Lender City

PARK RIVER

Servicing Lender State

ND

Servicing Lender Zip

58270

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRAFTON

Project County Name

WALSH

Project State

ND

Project Zip

58237

CD

ND-

Jobs Reported

6

NAICS Code

812990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

60198.00

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

52926

Originating Lender

First United Bank

Originating Lender City

PARK RIVER

Originating Lender State

ND

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

60484.28

Forgiveness Date

08/02/2021

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