PPP Loan information for Valley chevrolet of hastings inc

$258,690

Valley chevrolet of hastings inc was initially approved for PPP Loan of amount $258,690, the current approved amount is $258,690. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 18 jobs and $258,690 was used to fund payroll.

Valley chevrolet of hastings inc is New Business or 2 years or less

VALLEY CHEVROLET OF HASTINGS INC

Date Approved

05/01/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

VALLEY CHEVROLET OF HASTINGS INC

Borrower Address

2929 Highway 316

Borrower City

Hastings

Borrower State

MN

Borrower Zip

55033

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

258690.00

Current Approval Amount

258690.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Hastings

Project County Name

DAKOTA

Project State

MN

Project Zip

55033-0001

CD

MN-02

Jobs Reported

18

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

258690.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

260695.73

Forgiveness Date

02/10/2021

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