PPP Loan information for Soeby motor company

$52,496

Soeby motor company was initially approved for PPP Loan of amount $52,496, the current approved amount is $52,496. The loan was approved on 02/12/2021 by The Choice Financial Group reported 5 jobs and $52,496 was used to fund payroll.

Soeby motor company is Existing or more than 2 years old

SOEBY MOTOR COMPANY

Date Approved

02/12/2021

SBA Office Code

0875

Processing Method

PPS

Borrower Name

SOEBY MOTOR COMPANY

Borrower Address

1202 Central Ave

Borrower City

Walhalla

Borrower State

ND

Borrower Zip

58282-4117

Loan Status Date

10/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

52496.00

Current Approval Amount

52496.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

52934

Servicing Lender Name

Choice Financial Group

Servicing Lender Address

4501 23rd Ave South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8782

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Walhalla

Project County Name

PEMBINA

Project State

ND

Project Zip

58282-4117

CD

ND-

Jobs Reported

5

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

52490.00

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

52934

Originating Lender

Choice Financial Group

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

52800.91

Forgiveness Date

09/23/2021

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