PPP Loan information for Ppmi motor sports, inc.

$39,791

Ppmi motor sports, inc. was initially approved for PPP Loan of amount $42,910, the current approved amount is $39,791. The loan was approved on 04/07/2020 by The Home Federal Savings Bank reported 5 jobs and $39,791 was used to fund payroll.

Ppmi motor sports, inc. is Existing or more than 2 years old

PPP Loan Search / MN / ROCHESTER / Ppmi motor sports, inc.

PPMI MOTOR SPORTS, INC.

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PPMI MOTOR SPORTS, INC.

Borrower Address

2308 32ND AVE NW

Borrower City

ROCHESTER

Borrower State

MN

Borrower Zip

55901-8324

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42910.00

Current Approval Amount

39791.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81242

Servicing Lender Name

Home Federal Savings Bank

Servicing Lender Address

1016 Civic Center Dr NW

Servicing Lender City

ROCHESTER

Servicing Lender State

MN

Servicing Lender Zip

55901-1881

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROCHESTER

Project County Name

OLMSTED

Project State

MN

Project Zip

55901-8324

CD

MN-01

Jobs Reported

5

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

39791.00

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

81242

Originating Lender

Home Federal Savings Bank

Originating Lender City

ROCHESTER

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40087.22

Forgiveness Date

01/07/2021

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