PPP Loan information for Gjerde auto sales

$18,000

Gjerde auto sales was initially approved for PPP Loan of amount $18,000, the current approved amount is $18,000. The loan was approved on 05/15/2020 by The Midwest Bank reported 1 jobs and $18,000 was used to fund payroll.

Gjerde auto sales is Existing or more than 2 years old

GJERDE AUTO SALES

Date Approved

05/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

GJERDE AUTO SALES

Borrower Address

839 HIGHWAY 10

Borrower City

DETROIT LAKES

Borrower State

MN

Borrower Zip

56501-4218

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

18000.00

Current Approval Amount

18000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39006

Servicing Lender Name

Midwest Bank

Servicing Lender Address

613 Hwy 10 E

Servicing Lender City

DETROIT LAKES

Servicing Lender State

MN

Servicing Lender Zip

56501-4127

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DETROIT LAKES

Project County Name

BECKER

Project State

MN

Project Zip

56501-4218

CD

MN-07

Jobs Reported

1

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

18000.00

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

Sole Proprietorship

Originating Lender Location Id

39006

Originating Lender

Midwest Bank

Originating Lender City

DETROIT LAKES

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

17079.64

Forgiveness Date

11/09/2020

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