PPP Loan information for Triangle automotive machine, inc.

$63,821

Triangle automotive machine, inc. was initially approved for PPP Loan of amount $63,821, the current approved amount is $63,821. The loan was approved on 04/28/2020 by The First Farmers & Merchants Bank reported 7 jobs and $63,821 was used to fund payroll.

Triangle automotive machine, inc. is Existing or more than 2 years old

TRIANGLE AUTOMOTIVE MACHINE, INC.

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

TRIANGLE AUTOMOTIVE MACHINE, INC.

Borrower Address

1152 S 4TH ST

Borrower City

CANNON FALLS

Borrower State

MN

Borrower Zip

55009-2557

Loan Status Date

11/07/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

63821.00

Current Approval Amount

63821.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39034

Servicing Lender Name

First Farmers & Merchants Bank

Servicing Lender Address

920 4th St South

Servicing Lender City

CANNON FALLS

Servicing Lender State

MN

Servicing Lender Zip

55009-2552

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CANNON FALLS

Project County Name

GOODHUE

Project State

MN

Project Zip

55009-2557

CD

MN-01

Jobs Reported

7

NAICS Code

811118

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

15317.00

Payroll Proceed

48504.00

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

39034

Originating Lender

First Farmers & Merchants Bank

Originating Lender City

CANNON FALLS

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

64108.19

Forgiveness Date

10/13/2020

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