PPP Loan information for Acar inc.

$37,181

Acar inc. was initially approved for PPP Loan of amount $37,181, the current approved amount is $37,181. The loan was approved on 01/25/2021 by The Members Cooperative CU reported 4 jobs and $37,181 was used to fund payroll.

Acar inc. is Existing or more than 2 years old

ACAR INC.

Date Approved

01/25/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

ACAR INC.

Borrower Address

2521 Miller Trunk Hwy

Borrower City

Duluth

Borrower State

MN

Borrower Zip

55811-3735

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

37180.82

Current Approval Amount

37180.82

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

55811-3735

CD

MN-08

Jobs Reported

4

NAICS Code

532111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

37178.82

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

37324.38

Forgiveness Date

06/15/2021

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