PPP Loan information for Stma auto center inc

$68,700

Stma auto center inc was initially approved for PPP Loan of amount $68,700, the current approved amount is $68,700. The loan was approved on 04/27/2020 by The MidWestOne Bank reported 11 jobs and $68,700 was used to fund payroll.

Stma auto center inc is New Business or 2 years or less

STMA AUTO CENTER INC

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

STMA AUTO CENTER INC

Borrower Address

865 CENTRAL AVE E

Borrower City

SAINT MICHAEL

Borrower State

MN

Borrower Zip

55376

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

68700.00

Current Approval Amount

68700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SAINT MICHAEL

Project County Name

WRIGHT

Project State

MN

Project Zip

55376-0001

CD

MN-06

Jobs Reported

11

NAICS Code

811191

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

68700.00

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

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

69322.12

Forgiveness Date

03/29/2021

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