PPP Loan information for Park rapids auto center

$11,750

Park rapids auto center was initially approved for PPP Loan of amount $11,750, the current approved amount is $11,750. The loan was approved on 04/06/2020 by The Northwoods Bank of Minnesota reported 4 jobs and $11,750 was used to fund payroll.

Park rapids auto center is New Business or 2 years or less

PPP Loan Search / MN / PARK RAPIDS / Park rapids auto center

PARK RAPIDS AUTO CENTER

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PARK RAPIDS AUTO CENTER

Borrower Address

1302 1st street e

Borrower City

PARK RAPIDS

Borrower State

MN

Borrower Zip

56470-1842

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

11750.00

Current Approval Amount

11750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36785

Servicing Lender Name

Northwoods Bank of Minnesota

Servicing Lender Address

1200 E First St

Servicing Lender City

PARK RAPIDS

Servicing Lender State

MN

Servicing Lender Zip

56470-1878

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

PARK RAPIDS

Project County Name

HUBBARD

Project State

MN

Project Zip

56470-1842

CD

MN-07

Jobs Reported

4

NAICS Code

811111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

11750.00

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

36785

Originating Lender

Northwoods Bank of Minnesota

Originating Lender City

PARK RAPIDS

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

11823.11

Forgiveness Date

11/25/2020

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