PPP Loan information for Russ's auto & scrap inc

$64,500

Russ's auto & scrap inc was initially approved for PPP Loan of amount $64,500, the current approved amount is $64,500. The loan was approved on 04/06/2020 by The First United Bank reported 6 jobs and $64,500 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

04/06/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

RUSS'S AUTO & SCRAP INC

Borrower Address

PO BOX 288

Borrower City

GRAFTON

Borrower State

ND

Borrower Zip

58237-0288

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

64500.00

Current Approval Amount

64500.00

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

N

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

58237-0288

CD

ND-

Jobs Reported

6

NAICS Code

812990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

64500.00

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

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

64894.17

Forgiveness Date

11/20/2020

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