Date Approved
02/03/2021
SBA Office Code
0508
Processing Method
PPP
Borrower Name
IDC-AUTOMATIC LLC
Borrower Address
360 Coon Rapids Blvd NW
Borrower City
Coon Rapids
Borrower State
MN
Borrower Zip
55433-5622
Loan Status Date
07/17/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
682811.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
52934
Servicing Lender Name
Choice Financial Group
Servicing Lender Address
4501 23rd Ave South
Servicing Lender City
FARGO
Servicing Lender State
ND
Servicing Lender Zip
58104-8782
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
ANOKA
Project State
Project Zip
CD
MN-03
Jobs Reported
51
NAICS Code
238350
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
682806.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
685373.88
Forgiveness Date
06/23/2021