PPP Loan information for Forbes auto store inc

$28,600

Forbes auto store inc was initially approved for PPP Loan of amount $28,600, the current approved amount is $28,600. The loan was approved on 04/08/2020 by The MidCountry Bank reported 4 jobs and $28,600 was used to fund payroll.

Forbes auto store inc is Existing or more than 2 years old

PPP Loan Search / MN / HUTCHINSON / Forbes auto store inc

FORBES AUTO STORE INC

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

FORBES AUTO STORE INC

Borrower Address

1140 W HIGHWAY 7

Borrower City

HUTCHINSON

Borrower State

MN

Borrower Zip

55350-1512

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

28600.00

Current Approval Amount

28600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

80291

Servicing Lender Name

MidCountry Bank

Servicing Lender Address

7825 Washington Ave South, Ste 120

Servicing Lender City

BLOOMINGTON

Servicing Lender State

MN

Servicing Lender Zip

55439-2431

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUTCHINSON

Project County Name

MCLEOD

Project State

MN

Project Zip

55350-1512

CD

MN-07

Jobs Reported

4

NAICS Code

332721

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1800.00

Payroll Proceed

22800.00

Mortgage Interest Proceed

0.00

Rent Proceed

2000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

80291

Originating Lender

MidCountry Bank

Originating Lender City

BLOOMINGTON

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

28839.77

Forgiveness Date

02/11/2021

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