PPP Loan information for Minnesota automotive inc.

$34,300

Minnesota automotive inc. was initially approved for PPP Loan of amount $34,300, the current approved amount is $34,300. The loan was approved on 02/20/2021 by The 21st Century Bank reported 6 jobs and $34,300 was used to fund payroll.

Minnesota automotive inc. is Existing or more than 2 years old

PPP Loan Search / MN / Coon Rapids / Minnesota automotive inc.

MINNESOTA AUTOMOTIVE INC.

Date Approved

02/20/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

MINNESOTA AUTOMOTIVE INC.

Borrower Address

2721 Coon Rapids Blvd NW

Borrower City

Coon Rapids

Borrower State

MN

Borrower Zip

55433-3956

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

34300.00

Current Approval Amount

34300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36718

Servicing Lender Name

21st Century Bank

Servicing Lender Address

699 N Medina St

Servicing Lender City

LORETTO

Servicing Lender State

MN

Servicing Lender Zip

55357-9595

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Coon Rapids

Project County Name

ANOKA

Project State

MN

Project Zip

55433-3956

CD

MN-03

Jobs Reported

6

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

34297.00

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

36718

Originating Lender

21st Century Bank

Originating Lender City

LORETTO

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

34509.61

Forgiveness Date

10/04/2021

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