PPP Loan information for Eich motor company

$892,400

Eich motor company was initially approved for PPP Loan of amount $892,400, the current approved amount is $892,400. The loan was approved on 04/07/2020 by The Bremer Bank, National Association reported 79 jobs and $892,400 was used to fund payroll.

Eich motor company is Existing or more than 2 years old

PPP Loan Search / MN / SAINT CLOUD / Eich motor company

EICH MOTOR COMPANY

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

EICH MOTOR COMPANY

Borrower Address

1933 W Division Street

Borrower City

SAINT CLOUD

Borrower State

MN

Borrower Zip

56301-3970

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

892400.00

Current Approval Amount

892400.00

Undisbursed Amount

0.00

Franchise Name

Volkswagen Dealer Agreement

Servicing Lender Location Id

38908

Servicing Lender Name

Bremer Bank, National Association

Servicing Lender Address

372 St. Peter St

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55102-1302

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT CLOUD

Project County Name

STEARNS

Project State

MN

Project Zip

56301-3970

CD

MN-06

Jobs Reported

79

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

892400.00

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

Subchapter S Corporation

Originating Lender Location Id

38908

Originating Lender

Bremer Bank, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

900663.87

Forgiveness Date

03/18/2021

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