PPP Loan information for Grand forks moror vehicle branch

$27,900

Grand forks moror vehicle branch was initially approved for PPP Loan of amount $27,900, the current approved amount is $27,900. The loan was approved on 04/13/2020 by The Frandsen Bank & Trust reported 5 jobs and $27,900 was used to fund payroll.

Grand forks moror vehicle branch is Existing or more than 2 years old

GRAND FORKS MOROR VEHICLE BRANCH

Date Approved

04/13/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

GRAND FORKS MOROR VEHICLE BRANCH

Borrower Address

1726 S Washington St STE 55

Borrower City

GRAND FORKS

Borrower State

ND

Borrower Zip

58201-6336

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

27900.00

Current Approval Amount

27900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRAND FORKS

Project County Name

GRAND FORKS

Project State

ND

Project Zip

58201-6336

CD

ND-

Jobs Reported

5

NAICS Code

561990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2790.00

Payroll Proceed

20925.00

Mortgage Interest Proceed

4185.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Self-Employed Individuals

Originating Lender Location Id

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

28062.05

Forgiveness Date

11/23/2020

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