PPP Loan information for Darrel's muffler shop and complete auto repair

$32,000

Darrel's muffler shop and complete auto repair was initially approved for PPP Loan of amount $32,000, the current approved amount is $32,000. The loan was approved on 04/04/2020 by The F & M Community Bank, National Association reported 4 jobs and $32,000 was used to fund payroll.

Darrel's muffler shop and complete auto repair is Existing or more than 2 years old

DARREL'S MUFFLER SHOP AND COMPLETE AUTO REPAIR

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DARREL'S MUFFLER SHOP AND COMPLETE AUTO REPAIR

Borrower Address

625 N BROADWAY AVE

Borrower City

ROCHESTER

Borrower State

MN

Borrower Zip

55906-3655

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

32000.00

Current Approval Amount

32000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38766

Servicing Lender Name

F & M Community Bank, National Association

Servicing Lender Address

100 St. Anthony St, North

Servicing Lender City

PRESTON

Servicing Lender State

MN

Servicing Lender Zip

55965-1104

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROCHESTER

Project County Name

OLMSTED

Project State

MN

Project Zip

55906-3655

CD

MN-01

Jobs Reported

4

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1400.00

Payroll Proceed

25600.00

Mortgage Interest Proceed

5000.00

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

38766

Originating Lender

F & M Community Bank, National Association

Originating Lender City

PRESTON

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

32238.47

Forgiveness Date

01/07/2021

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