PPP Loan information for Appliance repair inc

$129,300

Appliance repair inc was initially approved for PPP Loan of amount $129,300, the current approved amount is $129,300. The loan was approved on 04/29/2020 by The CorTrust Bank National Association reported 11 jobs and $129,300 was used to fund payroll.

Appliance repair inc is Existing or more than 2 years old

APPLIANCE REPAIR INC

Date Approved

04/29/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

APPLIANCE REPAIR INC

Borrower Address

5301 E RIVER RD STE 108

Borrower City

Fridley

Borrower State

MN

Borrower Zip

55421-3779

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

129300.00

Current Approval Amount

129300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66414

Servicing Lender Name

CorTrust Bank National Association

Servicing Lender Address

100 E Havens Ave

Servicing Lender City

MITCHELL

Servicing Lender State

SD

Servicing Lender Zip

57301-4026

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Fridley

Project County Name

ANOKA

Project State

MN

Project Zip

55421-3779

CD

MN-05

Jobs Reported

11

NAICS Code

811412

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

129300.00

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

Subchapter S Corporation

Originating Lender Location Id

66414

Originating Lender

CorTrust Bank National Association

Originating Lender City

MITCHELL

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

130341.48

Forgiveness Date

02/25/2021

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