PPP Loan information for Safe-way bus company inc

$592,600

Safe-way bus company inc was initially approved for PPP Loan of amount $592,600, the current approved amount is $592,600. The loan was approved on 04/16/2020 by The MidWestOne Bank reported 133 jobs and $592,600 was used to fund payroll.

Safe-way bus company inc is Existing or more than 2 years old

SAFE-WAY BUS COMPANY INC

Date Approved

04/16/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SAFE-WAY BUS COMPANY INC

Borrower Address

6030 Carmen Ave

Borrower City

INVER GROVE HEIGHTS

Borrower State

MN

Borrower Zip

55076

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

592600.00

Current Approval Amount

592600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

INVER GROVE HEIGHTS

Project County Name

DAKOTA

Project State

MN

Project Zip

55076-1100

CD

MN-02

Jobs Reported

133

NAICS Code

485210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

37037.50

Payroll Proceed

444450.00

Mortgage Interest Proceed

37037.50

Rent Proceed

37037.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

37037.5

Business Type

Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

597373.72

Forgiveness Date

02/03/2021

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