PPP Loan information for Automotive associates, inc.

$21,900

Automotive associates, inc. was initially approved for PPP Loan of amount $21,900, the current approved amount is $21,900. The loan was approved on 04/29/2020 by The Merchants Bank, National Association reported 2 jobs and $21,900 was used to fund payroll.

Automotive associates, inc. is Existing or more than 2 years old

PPP Loan Search / MN / RED WING / Automotive associates, inc.

AUTOMOTIVE ASSOCIATES, INC.

Date Approved

04/29/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

AUTOMOTIVE ASSOCIATES, INC.

Borrower Address

22760 320TH ST

Borrower City

RED WING

Borrower State

MN

Borrower Zip

55066-7322

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

21900.00

Current Approval Amount

21900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RED WING

Project County Name

GOODHUE

Project State

MN

Project Zip

55066-7322

CD

MN-01

Jobs Reported

2

NAICS Code

423740

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

16413.91

Mortgage Interest Proceed

5486.09

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

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

22032.01

Forgiveness Date

12/04/2020

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