PPP Loan information for Walstad automotive inc

$71,950

Walstad automotive inc was initially approved for PPP Loan of amount $71,950, the current approved amount is $71,950. The loan was approved on 03/24/2021 by The U.S. Bank, National Association reported 7 jobs and $71,950 was used to fund payroll.

Walstad automotive inc is Existing or more than 2 years old

WALSTAD AUTOMOTIVE INC

Date Approved

03/24/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

WALSTAD AUTOMOTIVE INC

Borrower Address

2105 Cliff Rd

Borrower City

Eagan

Borrower State

MN

Borrower Zip

55122-4024

Loan Status Date

04/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

71950.00

Current Approval Amount

71950.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Eagan

Project County Name

DAKOTA

Project State

MN

Project Zip

55122-4024

CD

MN-02

Jobs Reported

7

NAICS Code

488490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

71948.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

72661.51

Forgiveness Date

03/17/2022

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