PPP Loan information for Sag coon rapids, llc

$977,800

Sag coon rapids, llc was initially approved for PPP Loan of amount $977,800, the current approved amount is $977,800. The loan was approved on 04/29/2020 by The Comerica Bank reported 72 jobs and $977,800 was used to fund payroll.

Sag coon rapids, llc is Existing or more than 2 years old

SAG COON RAPIDS, LLC

Date Approved

04/29/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SAG COON RAPIDS, LLC

Borrower Address

1950 Gateway Drive

Borrower City

Coon Rapids

Borrower State

MN

Borrower Zip

55448-4510

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

977800.00

Current Approval Amount

977800.00

Undisbursed Amount

0.00

Franchise Name

Honda Automobile Division - Dealer Sales and Service Agreement

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Coon Rapids

Project County Name

ANOKA

Project State

MN

Project Zip

55448-4510

CD

MN-03

Jobs Reported

72

NAICS Code

441110

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

782266.00

Mortgage Interest Proceed

195534.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

988447.16

Forgiveness Date

05/27/2021

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