PPP Loan information for Terry's auto electric

$25,000

Terry's auto electric was initially approved for PPP Loan of amount $25,000, the current approved amount is $25,000. The loan was approved on 04/28/2020 by The Security Bank USA reported 2 jobs and $25,000 was used to fund payroll.

Terry's auto electric is Unanswered

TERRY'S AUTO ELECTRIC

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

TERRY'S AUTO ELECTRIC

Borrower Address

108 MINNESOTA AVE

Borrower City

BEMIDJI

Borrower State

MN

Borrower Zip

56601-4009

Loan Status Date

11/13/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

25000.00

Current Approval Amount

25000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36647

Servicing Lender Name

Security Bank USA

Servicing Lender Address

1025 Paul Bunyan Dr NW

Servicing Lender City

BEMIDJI

Servicing Lender State

MN

Servicing Lender Zip

56601

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

BEMIDJI

Project County Name

BELTRAMI

Project State

MN

Project Zip

56601-4009

CD

MN-08

Jobs Reported

2

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2500.00

Payroll Proceed

20000.00

Mortgage Interest Proceed

2500.00

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

36647

Originating Lender

Security Bank USA

Originating Lender City

BEMIDJI

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

25113.89

Forgiveness Date

10/13/2020

;