PPP Loan information for Reed's central auto repair

$8,200

Reed's central auto repair was initially approved for PPP Loan of amount $8,200, the current approved amount is $8,200. The loan was approved on 04/15/2020 by The The State Bank of Faribault reported 1 jobs and $8,200 was used to fund payroll.

Reed's central auto repair is Existing or more than 2 years old

PPP Loan Search / MN / FARIBAULT / Reed's central auto repair

REED'S CENTRAL AUTO REPAIR

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

REED'S CENTRAL AUTO REPAIR

Borrower Address

505 Central Avenue North

Borrower City

FARIBAULT

Borrower State

MN

Borrower Zip

55021-4322

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

8200.00

Current Approval Amount

8200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38055

Servicing Lender Name

The State Bank of Faribault

Servicing Lender Address

428 Central Ave

Servicing Lender City

FARIBAULT

Servicing Lender State

MN

Servicing Lender Zip

55021-5217

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FARIBAULT

Project County Name

RICE

Project State

MN

Project Zip

55021-4322

CD

MN-01

Jobs Reported

1

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1500.00

Payroll Proceed

6700.00

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

Partnership

Originating Lender Location Id

38055

Originating Lender

The State Bank of Faribault

Originating Lender City

FARIBAULT

Originating Lender State

MN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

8258.99

Forgiveness Date

01/07/2021

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