PPP Loan information for Vermillion repair shop llc

$60,625

Vermillion repair shop llc was initially approved for PPP Loan of amount $60,625, the current approved amount is $60,625. The loan was approved on 04/11/2020 by The Vermillion State Bank reported 7 jobs and $60,625 was used to fund payroll.

Vermillion repair shop llc is Existing or more than 2 years old

PPP Loan Search / MN / ROSEMOUNT / Vermillion repair shop llc

VERMILLION REPAIR SHOP LLC

Date Approved

04/11/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

VERMILLION REPAIR SHOP LLC

Borrower Address

15640 Clayton Ave E

Borrower City

ROSEMOUNT

Borrower State

MN

Borrower Zip

55068-2056

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60625.00

Current Approval Amount

60625.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38967

Servicing Lender Name

Vermillion State Bank

Servicing Lender Address

107 E Main St

Servicing Lender City

VERMILLION

Servicing Lender State

MN

Servicing Lender Zip

55085

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROSEMOUNT

Project County Name

DAKOTA

Project State

MN

Project Zip

55068-2056

CD

MN-02

Jobs Reported

7

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2500.00

Payroll Proceed

45725.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2400.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

38967

Originating Lender

Vermillion State Bank

Originating Lender City

VERMILLION

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

60968.54

Forgiveness Date

11/12/2020

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