PPP Loan information for Wayne's tractor repair, llc

$45,867

Wayne's tractor repair, llc was initially approved for PPP Loan of amount $45,867, the current approved amount is $45,867. The loan was approved on 04/11/2020 by The First Independent Bank reported 8 jobs and $45,867 was used to fund payroll.

Wayne's tractor repair, llc is Existing or more than 2 years old

WAYNE'S TRACTOR REPAIR, LLC

Date Approved

04/11/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

WAYNE'S TRACTOR REPAIR, LLC

Borrower Address

1604 E College Drive

Borrower City

MARSHALL

Borrower State

MN

Borrower Zip

56258-2658

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

45867.00

Current Approval Amount

45867.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38814

Servicing Lender Name

First Independent Bank

Servicing Lender Address

300 Front St

Servicing Lender City

RUSSELL

Servicing Lender State

MN

Servicing Lender Zip

56169

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARSHALL

Project County Name

LYON

Project State

MN

Project Zip

56258-2658

CD

MN-07

Jobs Reported

8

NAICS Code

541690

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3867.00

Payroll Proceed

38000.00

Mortgage Interest Proceed

0.00

Rent Proceed

4000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

38814

Originating Lender

First Independent Bank

Originating Lender City

RUSSELL

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

39104.52

Forgiveness Date

11/23/2020

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