PPP Loan information for Pearson auto body of prior lk

$120,000

Pearson auto body of prior lk was initially approved for PPP Loan of amount $134,500, the current approved amount is $120,000. The loan was approved on 04/10/2020 by The New Market Bank reported 10 jobs and $120,000 was used to fund payroll.

Pearson auto body of prior lk is Existing or more than 2 years old

PPP Loan Search / MN / PRIOR LAKE / Pearson auto body of prior lk

PEARSON AUTO BODY OF PRIOR LK

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PEARSON AUTO BODY OF PRIOR LK

Borrower Address

16111 Main Ave

Borrower City

PRIOR LAKE

Borrower State

MN

Borrower Zip

55372-1703

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

134500.00

Current Approval Amount

120000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38673

Servicing Lender Name

New Market Bank

Servicing Lender Address

101 Old Town Rd

Servicing Lender City

ELKO NEW MARKET

Servicing Lender State

MN

Servicing Lender Zip

55054

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PRIOR LAKE

Project County Name

SCOTT

Project State

MN

Project Zip

55372-1703

CD

MN-02

Jobs Reported

10

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

120000.00

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

38673

Originating Lender

New Market Bank

Originating Lender City

ELKO NEW MARKET

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

121292.05

Forgiveness Date

05/19/2021

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