PPP Loan information for Korth auction service

$12,000

Korth auction service was initially approved for PPP Loan of amount $12,000, the current approved amount is $12,000. The loan was approved on 05/15/2020 by The Minnwest Bank reported 1 jobs and $12,000 was used to fund payroll.

Korth auction service is Existing or more than 2 years old

KORTH AUCTION SERVICE

Date Approved

05/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

KORTH AUCTION SERVICE

Borrower Address

710 N OAKLEY ST

Borrower City

LUVERNE

Borrower State

MN

Borrower Zip

56156-1341

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

12000.00

Current Approval Amount

12000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36636

Servicing Lender Name

Minnwest Bank

Servicing Lender Address

300 S Washington St

Servicing Lender City

REDWOOD FALLS

Servicing Lender State

MN

Servicing Lender Zip

56283-1658

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LUVERNE

Project County Name

ROCK

Project State

MN

Project Zip

56156-1341

CD

MN-01

Jobs Reported

1

NAICS Code

561990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

12000.00

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

36636

Originating Lender

Minnwest Bank

Originating Lender City

REDWOOD FALLS

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

12064.44

Forgiveness Date

12/02/2020

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