PPP Loan information for World of wheels, inc.

$18,500

World of wheels, inc. was initially approved for PPP Loan of amount $18,500, the current approved amount is $18,500. The loan was approved on 04/13/2020 by The Minnwest Bank reported 3 jobs and $18,500 was used to fund payroll.

World of wheels, inc. is Existing or more than 2 years old

PPP Loan Search / MN / OWATONNA / World of wheels, inc.

WORLD OF WHEELS, INC.

Date Approved

04/13/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

WORLD OF WHEELS, INC.

Borrower Address

910 HOFFMAN DR

Borrower City

OWATONNA

Borrower State

MN

Borrower Zip

55060-1150

Loan Status Date

03/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

18500.00

Current Approval Amount

18500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36636

Servicing Lender Name

Minnwest Bank

Servicing Lender Address

300 S Washington St

Servicing Lender City

REDWOOD FALLS

Servicing Lender State

MN

Servicing Lender Zip

56283-1658

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

OWATONNA

Project County Name

STEELE

Project State

MN

Project Zip

55060-1150

CD

MN-01

Jobs Reported

3

NAICS Code

441228

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1850.00

Payroll Proceed

13875.00

Mortgage Interest Proceed

0.00

Rent Proceed

2775.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36636

Originating Lender

Minnwest Bank

Originating Lender City

REDWOOD FALLS

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

15608.07

Forgiveness Date

12/28/2020

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