PPP Loan information for Auto credit inc

$106,400

Auto credit inc was initially approved for PPP Loan of amount $106,400, the current approved amount is $106,400. The loan was approved on 02/02/2021 by The Alerus Financial, National Association reported 10 jobs and $106,400 was used to fund payroll.

Auto credit inc is Existing or more than 2 years old

PPP Loan Search / ND / Grand Forks / Auto credit inc

AUTO CREDIT INC

Date Approved

02/02/2021

SBA Office Code

0875

Processing Method

PPS

Borrower Name

AUTO CREDIT INC

Borrower Address

2251 32nd Ave S

Borrower City

Grand Forks

Borrower State

ND

Borrower Zip

58201-3602

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

106400.00

Current Approval Amount

106400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52795

Servicing Lender Name

Alerus Financial, National Association

Servicing Lender Address

401 DeMers Ave

Servicing Lender City

GRAND FORKS

Servicing Lender State

ND

Servicing Lender Zip

58201-4574

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Grand Forks

Project County Name

GRAND FORKS

Project State

ND

Project Zip

58201-3602

CD

ND-

Jobs Reported

10

NAICS Code

525990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

106398.00

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

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

107035.44

Forgiveness Date

09/09/2021

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