PPP Loan information for Snell motors, inc.

$1,595,500

Snell motors, inc. was initially approved for PPP Loan of amount $1,595,500, the current approved amount is $1,595,500. The loan was approved on 04/08/2020 by The BMO Harris Bank National Association reported 90 jobs and $1,595,500 was used to fund payroll.

Snell motors, inc. is Existing or more than 2 years old

PPP Loan Search / MN / MANKATO / Snell motors, inc.

SNELL MOTORS, INC.

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SNELL MOTORS, INC.

Borrower Address

1900 Madison Ave

Borrower City

MANKATO

Borrower State

MN

Borrower Zip

56001-5400

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1595500.00

Current Approval Amount

1595500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MANKATO

Project County Name

BLUE EARTH

Project State

MN

Project Zip

56001-5400

CD

MN-01

Jobs Reported

90

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1595500.00

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

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1607958.01

Forgiveness Date

01/26/2021

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