PPP Loan information for Broadway body shop of new ulm, inc

$270,884

Broadway body shop of new ulm, inc was initially approved for PPP Loan of amount $270,884, the current approved amount is $270,884. The loan was approved on 04/08/2020 by The SouthPoint Financial CU reported 27 jobs and $270,884 was used to fund payroll.

Broadway body shop of new ulm, inc is Existing or more than 2 years old

BROADWAY BODY SHOP OF NEW ULM, INC

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BROADWAY BODY SHOP OF NEW ULM, INC

Borrower Address

809 20th North St.

Borrower City

NEW ULM

Borrower State

MN

Borrower Zip

56073-3406

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

270884.35

Current Approval Amount

270884.35

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99853

Servicing Lender Name

SouthPoint Financial CU

Servicing Lender Address

924 Main St, East

Servicing Lender City

SLEEPY EYE

Servicing Lender State

MN

Servicing Lender Zip

56085-4380

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW ULM

Project County Name

BROWN

Project State

MN

Project Zip

56073-3406

CD

MN-01

Jobs Reported

27

NAICS Code

811121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8863.20

Payroll Proceed

230771.15

Mortgage Interest Proceed

0.00

Rent Proceed

31250.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

99853

Originating Lender

SouthPoint Financial CU

Originating Lender City

SLEEPY EYE

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

273229.54

Forgiveness Date

02/19/2021

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