PPP Loan information for Automerica inc

$111,300

Automerica inc was initially approved for PPP Loan of amount $111,300, the current approved amount is $111,300. The loan was approved on 04/03/2020 by The Manufacturers Bank & Trust Company reported 13 jobs and $111,300 was used to fund payroll.

Automerica inc is Existing or more than 2 years old

AUTOMERICA INC

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

AUTOMERICA INC

Borrower Address

10261 State Hwy 30

Borrower City

BLOOMING PRAIRIE

Borrower State

MN

Borrower Zip

55917-6976

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

111300.00

Current Approval Amount

111300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25006

Servicing Lender Name

Manufacturers Bank & Trust Company

Servicing Lender Address

245 E 'J' St

Servicing Lender City

FOREST CITY

Servicing Lender State

IA

Servicing Lender Zip

50436

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLOOMING PRAIRIE

Project County Name

DODGE

Project State

MN

Project Zip

55917-6976

CD

MN-01

Jobs Reported

13

NAICS Code

811121

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

27825.00

Payroll Proceed

83475.00

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

25006

Originating Lender

Manufacturers Bank & Trust Company

Originating Lender City

FOREST CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

112117.22

Forgiveness Date

01/07/2021

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