PPP Loan information for Yarmon ford, inc.

$266,400

Yarmon ford, inc. was initially approved for PPP Loan of amount $211,000, the current approved amount is $266,400. The loan was approved on 04/06/2020 by The Magnifi Financial CU reported 17 jobs and $266,400 was used to fund payroll.

Yarmon ford, inc. is Existing or more than 2 years old

YARMON FORD, INC.

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

YARMON FORD, INC.

Borrower Address

640 DIEKMANN DR

Borrower City

PAYNESVILLE

Borrower State

MN

Borrower Zip

56362-4655

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

211000.00

Current Approval Amount

266400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PAYNESVILLE

Project County Name

STEARNS

Project State

MN

Project Zip

56362-4655

CD

MN-07

Jobs Reported

17

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

16400.00

Payroll Proceed

220000.00

Mortgage Interest Proceed

0.00

Rent Proceed

30000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

268684.47

Forgiveness Date

02/18/2021

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