PPP Loan information for Used cars and trucks for less, llc

$272,727

Used cars and trucks for less, llc was initially approved for PPP Loan of amount $272,727, the current approved amount is $272,727. The loan was approved on 04/27/2020 by The Deerwood Bank reported 27 jobs and $272,727 was used to fund payroll.

Used cars and trucks for less, llc is Existing or more than 2 years old

USED CARS AND TRUCKS FOR LESS, LLC

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

USED CARS AND TRUCKS FOR LESS, LLC

Borrower Address

4625 So. Robert Trail

Borrower City

INVER GROVE HEIGHTS

Borrower State

MN

Borrower Zip

55077

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

272727.00

Current Approval Amount

272727.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36772

Servicing Lender Name

Deerwood Bank

Servicing Lender Address

131 6th Ave South, Ste 100

Servicing Lender City

WAITE PARK

Servicing Lender State

MN

Servicing Lender Zip

56387-1360

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

INVER GROVE HEIGHTS

Project County Name

DAKOTA

Project State

MN

Project Zip

55077-0001

CD

MN-02

Jobs Reported

27

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5500.00

Payroll Proceed

197383.00

Mortgage Interest Proceed

0.00

Rent Proceed

59000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

10844.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

36772

Originating Lender

Deerwood Bank

Originating Lender City

WAITE PARK

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

274870.94

Forgiveness Date

02/16/2021

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