PPP Loan information for Terry's repair inc

$66,000

Terry's repair inc was initially approved for PPP Loan of amount $66,000, the current approved amount is $66,000. The loan was approved on 05/19/2020 by The Profinium, Inc. reported 5 jobs and $66,000 was used to fund payroll.

Terry's repair inc is Unanswered

TERRY'S REPAIR INC

Date Approved

05/19/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

TERRY'S REPAIR INC

Borrower Address

1075 28TH AVE NW

Borrower City

OWATONNA

Borrower State

MN

Borrower Zip

55060-4942

Loan Status Date

10/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

66000.00

Current Approval Amount

66000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38950

Servicing Lender Name

Profinium, Inc.

Servicing Lender Address

414 N Fifth Ave East

Servicing Lender City

TRUMAN

Servicing Lender State

MN

Servicing Lender Zip

56088

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

OWATONNA

Project County Name

STEELE

Project State

MN

Project Zip

55060-4942

CD

MN-01

Jobs Reported

5

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

66000.00

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

38950

Originating Lender

Profinium, Inc.

Originating Lender City

TRUMAN

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

66243.83

Forgiveness Date

10/08/2020

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