PPP Loan information for Affordable auto sales, inc.

$24,755

Affordable auto sales, inc. was initially approved for PPP Loan of amount $24,755, the current approved amount is $24,755. The loan was approved on 04/27/2020 by The Cambridge State Bank reported 3 jobs and $24,755 was used to fund payroll.

Affordable auto sales, inc. is Existing or more than 2 years old

PPP Loan Search / MN / Cambridge / Affordable auto sales, inc.

AFFORDABLE AUTO SALES, INC.

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

AFFORDABLE AUTO SALES, INC.

Borrower Address

1035 Old South Main Street

Borrower City

Cambridge

Borrower State

MN

Borrower Zip

55008-2186

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

24755.00

Current Approval Amount

24755.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36703

Servicing Lender Name

Cambridge State Bank

Servicing Lender Address

127 S Main St

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MN

Servicing Lender Zip

55008-1535

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Cambridge

Project County Name

ISANTI

Project State

MN

Project Zip

55008-2186

CD

MN-08

Jobs Reported

3

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1400.00

Payroll Proceed

16355.00

Mortgage Interest Proceed

0.00

Rent Proceed

7000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

36703

Originating Lender

Cambridge State Bank

Originating Lender City

CAMBRIDGE

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

24913.16

Forgiveness Date

12/17/2020

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