PPP Loan information for Skartvedt's absolute automotive inc.

$84,900

Skartvedt's absolute automotive inc. was initially approved for PPP Loan of amount $84,900, the current approved amount is $84,900. The loan was approved on 04/07/2020 by The CorTrust Bank National Association reported 7 jobs and $84,900 was used to fund payroll.

Skartvedt's absolute automotive inc. is Existing or more than 2 years old

PPP Loan Search / MN / DELANO / Skartvedt's absolute automotive inc.

SKARTVEDT'S ABSOLUTE AUTOMOTIVE INC.

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SKARTVEDT'S ABSOLUTE AUTOMOTIVE INC.

Borrower Address

220 BABCOCK BLVD W

Borrower City

DELANO

Borrower State

MN

Borrower Zip

55328-9781

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

84900.00

Current Approval Amount

84900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66414

Servicing Lender Name

CorTrust Bank National Association

Servicing Lender Address

100 E Havens Ave

Servicing Lender City

MITCHELL

Servicing Lender State

SD

Servicing Lender Zip

57301-4026

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DELANO

Project County Name

WRIGHT

Project State

MN

Project Zip

55328-9781

CD

MN-06

Jobs Reported

7

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

84900.00

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

66414

Originating Lender

CorTrust Bank National Association

Originating Lender City

MITCHELL

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

85597.81

Forgiveness Date

02/09/2021

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