PPP Loan information for Gatr of elk river, inc.

$665,970

Gatr of elk river, inc. was initially approved for PPP Loan of amount $621,382, the current approved amount is $665,970. The loan was approved on 04/05/2020 by The West Bank reported 54 jobs and $665,970 was used to fund payroll.

Gatr of elk river, inc. is Existing or more than 2 years old

GATR OF ELK RIVER, INC.

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

GATR OF ELK RIVER, INC.

Borrower Address

10743 168th Cir NW

Borrower City

ELK RIVER

Borrower State

MN

Borrower Zip

55330-3200

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

621382.00

Current Approval Amount

665970.00

Undisbursed Amount

0.00

Franchise Name

Volvo Cars USA, LLC -  Retailer Agreement

Servicing Lender Location Id

25587

Servicing Lender Name

West Bank

Servicing Lender Address

1601 22nd St

Servicing Lender City

WEST DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50266-1408

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELK RIVER

Project County Name

SHERBURNE

Project State

MN

Project Zip

55330-3200

CD

MN-06

Jobs Reported

54

NAICS Code

423110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

665970.00

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

25587

Originating Lender

West Bank

Originating Lender City

WEST DES MOINES

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

671607.94

Forgiveness Date

02/19/2021

;