PPP Loan information for Ag motion inc

$1,500,000

Ag motion inc was initially approved for PPP Loan of amount $1,500,000, the current approved amount is $1,500,000. The loan was approved on 04/08/2020 by The Bell Bank reported 73 jobs and $1,500,000 was used to fund payroll.

Ag motion inc is Existing or more than 2 years old

PPP Loan Search / MN / MINNEAPOLIS / Ag motion inc

AG MOTION INC

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

AG MOTION INC

Borrower Address

730 2ND AVE S, STE 700

Borrower City

MINNEAPOLIS

Borrower State

MN

Borrower Zip

55402-2406

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1500000.00

Current Approval Amount

1500000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52771

Servicing Lender Name

Bell Bank

Servicing Lender Address

3100 13th Ave South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58103-3507

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MINNEAPOLIS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55402-2406

CD

MN-05

Jobs Reported

73

NAICS Code

424590

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1500000.00

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

52771

Originating Lender

Bell Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1508291.67

Forgiveness Date

11/03/2020

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