PPP Loan information for Schultz i-90 towing and repair

$10,100

Schultz i-90 towing and repair was initially approved for PPP Loan of amount $10,100, the current approved amount is $10,100. The loan was approved on 06/30/2020 by The Farmers and Merchants State Bank of Alpha reported 1 jobs and $10,100 was used to fund payroll.

Schultz i-90 towing and repair is Existing or more than 2 years old

SCHULTZ I-90 TOWING AND REPAIR

Date Approved

06/30/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SCHULTZ I-90 TOWING AND REPAIR

Borrower Address

1031 Highway 71 North

Borrower City

JACKSON

Borrower State

MN

Borrower Zip

56143-1086

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

10100.00

Current Approval Amount

10100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36599

Servicing Lender Name

Farmers and Merchants State Bank of Alpha

Servicing Lender Address

210 N Main St

Servicing Lender City

ALPHA

Servicing Lender State

MN

Servicing Lender Zip

56111

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JACKSON

Project County Name

JACKSON

Project State

MN

Project Zip

56143-1086

CD

MN-01

Jobs Reported

1

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

10100.00

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

36599

Originating Lender

Farmers and Merchants State Bank of Alpha

Originating Lender City

ALPHA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

10141.78

Forgiveness Date

12/09/2020

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