PPP Loan information for American garage door supply, inc.

$172,600

American garage door supply, inc. was initially approved for PPP Loan of amount $172,600, the current approved amount is $172,600. The loan was approved on 04/06/2020 by The Deerwood Bank reported 16 jobs and $172,600 was used to fund payroll.

American garage door supply, inc. is Existing or more than 2 years old

AMERICAN GARAGE DOOR SUPPLY, INC.

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

AMERICAN GARAGE DOOR SUPPLY, INC.

Borrower Address

1678 Julia Way NW

Borrower City

BEMIDJI

Borrower State

MN

Borrower Zip

56601-9761

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

172600.00

Current Approval Amount

172600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36772

Servicing Lender Name

Deerwood Bank

Servicing Lender Address

131 6th Ave South, Ste 100

Servicing Lender City

WAITE PARK

Servicing Lender State

MN

Servicing Lender Zip

56387-1360

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BEMIDJI

Project County Name

BELTRAMI

Project State

MN

Project Zip

56601-9761

CD

MN-08

Jobs Reported

16

NAICS Code

332321

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

172600.00

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

36772

Originating Lender

Deerwood Bank

Originating Lender City

WAITE PARK

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

173966.42

Forgiveness Date

01/20/2021

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