PPP Loan information for City line towing sales & service

$37,245

City line towing sales & service was initially approved for PPP Loan of amount $37,245, the current approved amount is $37,245. The loan was approved on 02/05/2021 by The Concorde Bank reported 4 jobs and $37,245 was used to fund payroll.

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

CITY LINE TOWING SALES & SERVICE

Date Approved

02/05/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

CITY LINE TOWING SALES & SERVICE

Borrower Address

532 Benson Ave SE

Borrower City

Willmar

Borrower State

MN

Borrower Zip

56201-3625

Loan Status Date

04/06/2022

Loan Status

Paid in Full

Term

60

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

56201-3625

CD

MN-07

Jobs Reported

4

NAICS Code

488410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

37243.00

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

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

37590.55

Forgiveness Date

01/11/2022

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