PPP Loan information for Mike's garage inc.

$72,500

Mike's garage inc. was initially approved for PPP Loan of amount $72,500, the current approved amount is $72,500. The loan was approved on 01/31/2021 by The West Bank reported 6 jobs and $72,500 was used to fund payroll.

Mike's garage inc. is Existing or more than 2 years old

PPP Loan Search / MN / Faribault / Mike's garage inc.

MIKE'S GARAGE INC.

Date Approved

01/31/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

MIKE'S GARAGE INC.

Borrower Address

1515 Lyndale Ave N

Borrower City

Faribault

Borrower State

MN

Borrower Zip

55021-2910

Loan Status Date

12/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

72500.00

Current Approval Amount

72500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25587

Servicing Lender Name

West Bank

Servicing Lender Address

1601 22nd St

Servicing Lender City

WEST DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50266-1408

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Faribault

Project County Name

RICE

Project State

MN

Project Zip

55021-2910

CD

MN-01

Jobs Reported

6

NAICS Code

811111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

72500.00

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

Corporation

Originating Lender Location Id

25587

Originating Lender

West Bank

Originating Lender City

WEST DES MOINES

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

73040.27

Forgiveness Date

11/10/2021

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