PPP Loan information for Custom wheel outlet inc

$220,100

Custom wheel outlet inc was initially approved for PPP Loan of amount $220,100, the current approved amount is $220,100. The loan was approved on 04/13/2020 by The Magnifi Financial CU reported 16 jobs and $220,100 was used to fund payroll.

Custom wheel outlet inc is Existing or more than 2 years old

PPP Loan Search / MN / AVON / Custom wheel outlet inc

CUSTOM WHEEL OUTLET INC

Date Approved

04/13/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CUSTOM WHEEL OUTLET INC

Borrower Address

438 1ST ST SE Suite 3

Borrower City

AVON

Borrower State

MN

Borrower Zip

56310-4529

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

220100.00

Current Approval Amount

220100.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AVON

Project County Name

STEARNS

Project State

MN

Project Zip

56310-4529

CD

MN-07

Jobs Reported

16

NAICS Code

441320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

220100.00

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

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

222789.44

Forgiveness Date

07/08/2021

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