PPP Loan information for Battery wholesale incorporated

$73,000

Battery wholesale incorporated was initially approved for PPP Loan of amount $73,000, the current approved amount is $73,000. The loan was approved on 04/08/2020 by The Magnifi Financial CU reported 8 jobs and $73,000 was used to fund payroll.

Battery wholesale incorporated is Existing or more than 2 years old

BATTERY WHOLESALE INCORPORATED

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BATTERY WHOLESALE INCORPORATED

Borrower Address

8250 DELTA CIR

Borrower City

SAINT JOSEPH

Borrower State

MN

Borrower Zip

56374-4577

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

73000.00

Current Approval Amount

73000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT JOSEPH

Project County Name

STEARNS

Project State

MN

Project Zip

56374-4577

CD

MN-06

Jobs Reported

8

NAICS Code

423120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3000.00

Payroll Proceed

56912.00

Mortgage Interest Proceed

3088.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

73534.00

Forgiveness Date

01/07/2021

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