PPP Loan information for Furlong motors inc.

$32,000

Furlong motors inc. was initially approved for PPP Loan of amount $26,800, the current approved amount is $32,000. The loan was approved on 04/04/2020 by The Park State Bank reported 3 jobs and $32,000 was used to fund payroll.

Furlong motors inc. is Existing or more than 2 years old

PPP Loan Search / MN / FARIBAULT / Furlong motors inc.

FURLONG MOTORS INC.

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

FURLONG MOTORS INC.

Borrower Address

1920 5th St NW

Borrower City

FARIBAULT

Borrower State

MN

Borrower Zip

55021-4606

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

26800.00

Current Approval Amount

32000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36814

Servicing Lender Name

Park State Bank

Servicing Lender Address

2630 W Superior St

Servicing Lender City

DULUTH

Servicing Lender State

MN

Servicing Lender Zip

55806-1817

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FARIBAULT

Project County Name

RICE

Project State

MN

Project Zip

55021-4606

CD

MN-01

Jobs Reported

3

NAICS Code

441120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1000.00

Payroll Proceed

27000.00

Mortgage Interest Proceed

4000.00

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

36814

Originating Lender

Park State Bank

Originating Lender City

DULUTH

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

32234.08

Forgiveness Date

01/07/2021

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