PPP Loan information for Waseca motor company

$91,020

Waseca motor company was initially approved for PPP Loan of amount $91,020, the current approved amount is $91,020. The loan was approved on 02/12/2021 by The Minnwest Bank reported 9 jobs and $91,020 was used to fund payroll.

Waseca motor company is Existing or more than 2 years old

WASECA MOTOR COMPANY

Date Approved

02/12/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

WASECA MOTOR COMPANY

Borrower Address

1800 Elm Avenue West

Borrower City

Waseca

Borrower State

MN

Borrower Zip

56093

Loan Status Date

09/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

91020.00

Current Approval Amount

91020.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36636

Servicing Lender Name

Minnwest Bank

Servicing Lender Address

300 S Washington St

Servicing Lender City

REDWOOD FALLS

Servicing Lender State

MN

Servicing Lender Zip

56283-1658

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Waseca

Project County Name

WASECA

Project State

MN

Project Zip

56093

CD

MN-01

Jobs Reported

9

NAICS Code

441228

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

91017.00

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

36636

Originating Lender

Minnwest Bank

Originating Lender City

REDWOOD FALLS

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

91485.21

Forgiveness Date

08/20/2021

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