PPP Loan information for Spohn brothers action auto systems inc

$81,600

Spohn brothers action auto systems inc was initially approved for PPP Loan of amount $81,600, the current approved amount is $81,600. The loan was approved on 04/04/2020 by The Lakeview Bank reported 11 jobs and $81,600 was used to fund payroll.

Spohn brothers action auto systems inc is Existing or more than 2 years old

PPP Loan Search / MN / LAKEVILLE / Spohn brothers action auto systems inc

SPOHN BROTHERS ACTION AUTO SYSTEMS INC

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SPOHN BROTHERS ACTION AUTO SYSTEMS INC

Borrower Address

20315 Iberia Ave

Borrower City

LAKEVILLE

Borrower State

MN

Borrower Zip

55044-9141

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

81600.00

Current Approval Amount

81600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378576

Servicing Lender Name

Lakeview Bank

Servicing Lender Address

9725 163rd St West

Servicing Lender City

LAKEVILLE

Servicing Lender State

MN

Servicing Lender Zip

55044-4719

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAKEVILLE

Project County Name

DAKOTA

Project State

MN

Project Zip

55044-9141

CD

MN-02

Jobs Reported

11

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2500.00

Payroll Proceed

61200.00

Mortgage Interest Proceed

0.00

Rent Proceed

15000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2900.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

378576

Originating Lender

Lakeview Bank

Originating Lender City

LAKEVILLE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

82443.20

Forgiveness Date

04/22/2021

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