PPP Loan information for Bud's speed shop llc

$37,305

Bud's speed shop llc was initially approved for PPP Loan of amount $37,305, the current approved amount is $37,305. The loan was approved on 04/11/2020 by The Lake Elmo Bank reported 5 jobs and $37,305 was used to fund payroll.

Bud's speed shop llc is New Business or 2 years or less

PPP Loan Search / MN / STILLWATER / Bud's speed shop llc

BUD'S SPEED SHOP LLC

Date Approved

04/11/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BUD'S SPEED SHOP LLC

Borrower Address

1906 GREELEY ST

Borrower City

STILLWATER

Borrower State

MN

Borrower Zip

55082-6013

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

37305.00

Current Approval Amount

37305.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38298

Servicing Lender Name

Lake Elmo Bank

Servicing Lender Address

11465 39th St N

Servicing Lender City

LAKE ELMO

Servicing Lender State

MN

Servicing Lender Zip

55042-7525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

STILLWATER

Project County Name

WASHINGTON

Project State

MN

Project Zip

55082-6013

CD

MN-04

Jobs Reported

5

NAICS Code

811198

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8000.00

Payroll Proceed

29305.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

38298

Originating Lender

Lake Elmo Bank

Originating Lender City

LAKE ELMO

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

37635.12

Forgiveness Date

03/10/2021

;