PPP Loan information for Wolf motor company, inc.

$797,600

Wolf motor company, inc. was initially approved for PPP Loan of amount $797,600, the current approved amount is $797,600. The loan was approved on 04/04/2020 by The Frandsen Bank & Trust reported 62 jobs and $797,600 was used to fund payroll.

Wolf motor company, inc. is Existing or more than 2 years old

WOLF MOTOR COMPANY, INC.

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

WOLF MOTOR COMPANY, INC.

Borrower Address

600 W 2ND ST

Borrower City

JORDAN

Borrower State

MN

Borrower Zip

55352-1213

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

797600.00

Current Approval Amount

797600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JORDAN

Project County Name

SCOTT

Project State

MN

Project Zip

55352-1213

CD

MN-02

Jobs Reported

62

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

47600.00

Payroll Proceed

700000.00

Mortgage Interest Proceed

50000.00

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

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

803740.43

Forgiveness Date

01/20/2021

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