PPP Loan information for True care auto repair

$32,872

True care auto repair was initially approved for PPP Loan of amount $32,872, the current approved amount is $32,872. The loan was approved on 04/09/2020 by The Farmers State Bank of Hamel reported 3 jobs and $32,872 was used to fund payroll.

True care auto repair is New Business or 2 years or less

PPP Loan Search / MN / MOUND / True care auto repair

TRUE CARE AUTO REPAIR

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

TRUE CARE AUTO REPAIR

Borrower Address

5525 CHURCH RD

Borrower City

MOUND

Borrower State

MN

Borrower Zip

55364-1518

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

32872.00

Current Approval Amount

32872.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38204

Servicing Lender Name

Farmers State Bank of Hamel

Servicing Lender Address

145 Hamel Rd

Servicing Lender City

HAMEL

Servicing Lender State

MN

Servicing Lender Zip

55340-9535

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MOUND

Project County Name

HENNEPIN

Project State

MN

Project Zip

55364-1518

CD

MN-03

Jobs Reported

3

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

32872.00

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

38204

Originating Lender

Farmers State Bank of Hamel

Originating Lender City

HAMEL

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

33113.36

Forgiveness Date

01/07/2021

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