PPP Loan information for Acar inc

$39,100

Acar inc was initially approved for PPP Loan of amount $39,100, the current approved amount is $39,100. The loan was approved on 04/13/2020 by The Members Cooperative CU reported 4 jobs and $39,100 was used to fund payroll.

Acar inc is Existing or more than 2 years old

PPP Loan Search / MN / DULUTH / Acar inc

ACAR INC

Date Approved

04/13/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ACAR INC

Borrower Address

2521 MILLER TRUNK HWY

Borrower City

DULUTH

Borrower State

MN

Borrower Zip

55811-1837

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

39100.00

Current Approval Amount

39100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99625

Servicing Lender Name

Members Cooperative CU

Servicing Lender Address

4628 Mike Colalillo Dr

Servicing Lender City

DULUTH

Servicing Lender State

MN

Servicing Lender Zip

55807-2732

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DULUTH

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55811-1837

CD

MN-08

Jobs Reported

4

NAICS Code

532111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

39100.00

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

99625

Originating Lender

Members Cooperative CU

Originating Lender City

DULUTH

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

39336.77

Forgiveness Date

11/23/2020

;