PPP Loan information for Erics motorsports

$11,600

Erics motorsports was initially approved for PPP Loan of amount $11,600, the current approved amount is $11,600. The loan was approved on 04/08/2020 by The First Security Bank-Sleepy Eye reported 1 jobs and $11,600 was used to fund payroll.

Erics motorsports is Existing or more than 2 years old

ERICS MOTORSPORTS

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ERICS MOTORSPORTS

Borrower Address

2005 MINNESOTA AVE

Borrower City

BENSON

Borrower State

MN

Borrower Zip

56215-2607

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

11600.00

Current Approval Amount

11600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38898

Servicing Lender Name

First Security Bank-Sleepy Eye

Servicing Lender Address

100 E Main St

Servicing Lender City

SLEEPY EYE

Servicing Lender State

MN

Servicing Lender Zip

56085-1353

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BENSON

Project County Name

SWIFT

Project State

MN

Project Zip

56215-2607

CD

MN-07

Jobs Reported

1

NAICS Code

811198

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

11600.00

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

Sole Proprietorship

Originating Lender Location Id

38898

Originating Lender

First Security Bank-Sleepy Eye

Originating Lender City

SLEEPY EYE

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

10660.70

Forgiveness Date

11/12/2020

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