PPP Loan information for Sanderson auto repair, inc.

$85,600

Sanderson auto repair, inc. was initially approved for PPP Loan of amount $85,600, the current approved amount is $85,600. The loan was approved on 04/08/2020 by The Arcadian Bank reported 10 jobs and $85,600 was used to fund payroll.

Sanderson auto repair, inc. is Existing or more than 2 years old

PPP Loan Search / MN / ALBERT LEA / Sanderson auto repair, inc.

SANDERSON AUTO REPAIR, INC.

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SANDERSON AUTO REPAIR, INC.

Borrower Address

131 W COLLEGE ST

Borrower City

ALBERT LEA

Borrower State

MN

Borrower Zip

56007-2607

Loan Status Date

03/03/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

85600.00

Current Approval Amount

85600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38215

Servicing Lender Name

Arcadian Bank

Servicing Lender Address

601 N Broadway

Servicing Lender City

HARTLAND

Servicing Lender State

MN

Servicing Lender Zip

56042-9782

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ALBERT LEA

Project County Name

FREEBORN

Project State

MN

Project Zip

56007-2607

CD

MN-01

Jobs Reported

10

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4000.00

Payroll Proceed

70000.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

1600

Business Type

Corporation

Originating Lender Location Id

38215

Originating Lender

Arcadian Bank

Originating Lender City

HARTLAND

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

86235.55

Forgiveness Date

01/07/2021

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