PPP Loan information for City line towing sales and service

$37,245

City line towing sales and service was initially approved for PPP Loan of amount $37,245, the current approved amount is $37,245. The loan was approved on 04/10/2020 by The Concorde Bank reported 4 jobs and $37,245 was used to fund payroll.

City line towing sales and service is Existing or more than 2 years old

CITY LINE TOWING SALES AND SERVICE

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CITY LINE TOWING SALES AND SERVICE

Borrower Address

532 Benson Ave SE

Borrower City

Willmar

Borrower State

MN

Borrower Zip

56201

Loan Status Date

04/06/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

37245.00

Current Approval Amount

37245.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36663

Servicing Lender Name

Concorde Bank

Servicing Lender Address

16 Main St SW

Servicing Lender City

BLOMKEST

Servicing Lender State

MN

Servicing Lender Zip

56216

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Willmar

Project County Name

KANDIYOHI

Project State

MN

Project Zip

56201-0001

CD

MN-07

Jobs Reported

4

NAICS Code

488410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2063.00

Payroll Proceed

29796.00

Mortgage Interest Proceed

0.00

Rent Proceed

5386.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

36663

Originating Lender

Concorde Bank

Originating Lender City

BLOMKEST

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

37520.20

Forgiveness Date

01/08/2021

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