PPP Loan information for Yamaha motorsports

$61,300

Yamaha motorsports was initially approved for PPP Loan of amount $61,300, the current approved amount is $61,300. The loan was approved on 04/28/2020 by The Home State Bank reported 6 jobs and $61,300 was used to fund payroll.

Yamaha motorsports is Existing or more than 2 years old

YAMAHA MOTORSPORTS

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

YAMAHA MOTORSPORTS

Borrower Address

14594 HIGHWAY 7 E

Borrower City

HUTCHINSON

Borrower State

MN

Borrower Zip

55350-5733

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

61300.00

Current Approval Amount

61300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38267

Servicing Lender Name

Home State Bank

Servicing Lender Address

1435 E Hwy 12

Servicing Lender City

LITCHFIELD

Servicing Lender State

MN

Servicing Lender Zip

55355-5328

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUTCHINSON

Project County Name

MCLEOD

Project State

MN

Project Zip

55350-5733

CD

MN-07

Jobs Reported

6

NAICS Code

441210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

61300.00

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

38267

Originating Lender

Home State Bank

Originating Lender City

LITCHFIELD

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

61580.96

Forgiveness Date

10/20/2020

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