PPP Loan information for Ernie's auto center

$75,000

Ernie's auto center was initially approved for PPP Loan of amount $75,000, the current approved amount is $75,000. The loan was approved on 04/11/2020 by The MidCountry Bank reported 6 jobs and $75,000 was used to fund payroll.

Ernie's auto center is Existing or more than 2 years old

PPP Loan Search / MN / BUFFALO / Ernie's auto center

ERNIE'S AUTO CENTER

Date Approved

04/11/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ERNIE'S AUTO CENTER

Borrower Address

304 12TH AVE S

Borrower City

BUFFALO

Borrower State

MN

Borrower Zip

55313-1276

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

75000.00

Current Approval Amount

75000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

80291

Servicing Lender Name

MidCountry Bank

Servicing Lender Address

7825 Washington Ave South, Ste 120

Servicing Lender City

BLOOMINGTON

Servicing Lender State

MN

Servicing Lender Zip

55439-2431

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BUFFALO

Project County Name

WRIGHT

Project State

MN

Project Zip

55313-1276

CD

MN-06

Jobs Reported

6

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2268.00

Payroll Proceed

64849.00

Mortgage Interest Proceed

0.00

Rent Proceed

7883.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

80291

Originating Lender

MidCountry Bank

Originating Lender City

BLOOMINGTON

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

75659.59

Forgiveness Date

03/05/2021

;