PPP Loan information for Midwest motors & more inc

$109,400

Midwest motors & more inc was initially approved for PPP Loan of amount $109,400, the current approved amount is $109,400. The loan was approved on 04/03/2020 by The First International Bank & Trust reported 9 jobs and $109,400 was used to fund payroll.

Midwest motors & more inc is New Business or 2 years or less

PPP Loan Search / MN / MOORHEAD / Midwest motors & more inc

MIDWEST MOTORS & MORE INC

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MIDWEST MOTORS & MORE INC

Borrower Address

2500 2nd Ave N

Borrower City

MOORHEAD

Borrower State

MN

Borrower Zip

56560-2591

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

109400.00

Current Approval Amount

109400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52970

Servicing Lender Name

First International Bank & Trust

Servicing Lender Address

100 N Main St

Servicing Lender City

WATFORD CITY

Servicing Lender State

ND

Servicing Lender Zip

58854

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MOORHEAD

Project County Name

CLAY

Project State

MN

Project Zip

56560-2591

CD

MN-07

Jobs Reported

9

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6446.00

Payroll Proceed

87000.00

Mortgage Interest Proceed

6650.00

Rent Proceed

9304.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

52970

Originating Lender

First International Bank & Trust

Originating Lender City

WATFORD CITY

Originating Lender State

ND

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

110293.43

Forgiveness Date

02/02/2021

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