PPP Loan information for World of wheels inc.

$18,892

World of wheels inc. was initially approved for PPP Loan of amount $18,892, the current approved amount is $18,892. The loan was approved on 01/27/2021 by The Minnwest Bank reported 3 jobs and $18,892 was used to fund payroll.

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

WORLD OF WHEELS INC.

Date Approved

01/27/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

WORLD OF WHEELS INC.

Borrower Address

910 Hoffman Dr

Borrower City

Owatonna

Borrower State

MN

Borrower Zip

55060-1150

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

18892.00

Current Approval Amount

18892.00

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

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

18889.00

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

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

19011.65

Forgiveness Date

09/22/2021

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