PPP Loan information for Ace auto repair, inc.

$30,500

Ace auto repair, inc. was initially approved for PPP Loan of amount $30,500, the current approved amount is $30,500. The loan was approved on 04/04/2020 by The American Federal Bank reported 4 jobs and $30,500 was used to fund payroll.

Ace auto repair, inc. is Existing or more than 2 years old

PPP Loan Search / MN / MOORHEAD / Ace auto repair, inc.

ACE AUTO REPAIR, INC.

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ACE AUTO REPAIR, INC.

Borrower Address

2702 12th Ave S

Borrower City

MOORHEAD

Borrower State

MN

Borrower Zip

56560-3902

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

30500.00

Current Approval Amount

30500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81371

Servicing Lender Name

American Federal Bank

Servicing Lender Address

215 5th St N

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58102-4867

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOORHEAD

Project County Name

CLAY

Project State

MN

Project Zip

56560-3902

CD

MN-07

Jobs Reported

4

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1000.00

Payroll Proceed

26830.00

Mortgage Interest Proceed

0.00

Rent Proceed

2670.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

81371

Originating Lender

American Federal Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

30730.44

Forgiveness Date

01/08/2021

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