PPP Loan information for Sandstrom auto & truck repair, inc.

$44,255

Sandstrom auto & truck repair, inc. was initially approved for PPP Loan of amount $44,255, the current approved amount is $44,255. The loan was approved on 04/10/2020 by The First Farmers & Merchants Bank reported 3 jobs and $44,255 was used to fund payroll.

Sandstrom auto & truck repair, inc. is Existing or more than 2 years old

PPP Loan Search / MN / CANNON FALLS / Sandstrom auto & truck repair, inc.

SANDSTROM AUTO & TRUCK REPAIR, INC.

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SANDSTROM AUTO & TRUCK REPAIR, INC.

Borrower Address

30127 59TH AVENUE WAY

Borrower City

CANNON FALLS

Borrower State

MN

Borrower Zip

55009-7116

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

44255.00

Current Approval Amount

44255.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39034

Servicing Lender Name

First Farmers & Merchants Bank

Servicing Lender Address

920 4th St South

Servicing Lender City

CANNON FALLS

Servicing Lender State

MN

Servicing Lender Zip

55009-2552

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CANNON FALLS

Project County Name

GOODHUE

Project State

MN

Project Zip

55009-7116

CD

MN-01

Jobs Reported

3

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10621.00

Payroll Proceed

33634.00

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

Subchapter S Corporation

Originating Lender Location Id

39034

Originating Lender

First Farmers & Merchants Bank

Originating Lender City

CANNON FALLS

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

44502.09

Forgiveness Date

11/05/2020

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