PPP Loan information for The shop auto body & towing, inc.

$41,387

The shop auto body & towing, inc. was initially approved for PPP Loan of amount $41,387, the current approved amount is $41,387. The loan was approved on 04/30/2020 by The Northern State Bank of Thief River Falls reported 4 jobs and $41,387 was used to fund payroll.

The shop auto body & towing, inc. is Existing or more than 2 years old

PPP Loan Search / MN / THIEF RIVER FALLS / The shop auto body & towing, inc.

THE SHOP AUTO BODY & TOWING, INC.

Date Approved

04/30/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

THE SHOP AUTO BODY & TOWING, INC.

Borrower Address

703 ATLANTIC AVE

Borrower City

THIEF RIVER FALLS

Borrower State

MN

Borrower Zip

56701-1641

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41387.00

Current Approval Amount

41387.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38937

Servicing Lender Name

Northern State Bank of Thief River Falls

Servicing Lender Address

201 E 3rd St

Servicing Lender City

THIEF RIVER FALLS

Servicing Lender State

MN

Servicing Lender Zip

56701-2007

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

THIEF RIVER FALLS

Project County Name

PENNINGTON

Project State

MN

Project Zip

56701-1641

CD

MN-07

Jobs Reported

4

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10346.75

Payroll Proceed

31040.25

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

38937

Originating Lender

Northern State Bank of Thief River Falls

Originating Lender City

THIEF RIVER FALLS

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

41616.05

Forgiveness Date

11/24/2020

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