PPP Loan information for Fargo automotive distributors inc.

$250,200

Fargo automotive distributors inc. was initially approved for PPP Loan of amount $250,200, the current approved amount is $250,200. The loan was approved on 04/27/2020 by The Bell Bank reported 17 jobs and $250,200 was used to fund payroll.

Fargo automotive distributors inc. is Existing or more than 2 years old

PPP Loan Search / ND / FARGO / Fargo automotive distributors inc.

FARGO AUTOMOTIVE DISTRIBUTORS INC.

Date Approved

04/27/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

FARGO AUTOMOTIVE DISTRIBUTORS INC.

Borrower Address

1002 6TH AVE N

Borrower City

FARGO

Borrower State

ND

Borrower Zip

58102-4307

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

250200.00

Current Approval Amount

250200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52771

Servicing Lender Name

Bell Bank

Servicing Lender Address

3100 13th Ave South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58103-3507

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FARGO

Project County Name

CASS

Project State

ND

Project Zip

58102-4307

CD

ND-

Jobs Reported

17

NAICS Code

423120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

250200.00

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

52771

Originating Lender

Bell Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

252702.00

Forgiveness Date

05/05/2021

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