PPP Loan information for Hastings automotive company

$570,900

Hastings automotive company was initially approved for PPP Loan of amount $570,900, the current approved amount is $570,900. The loan was approved on 04/12/2020 by The Alerus Financial, National Association reported 58 jobs and $570,900 was used to fund payroll.

Hastings automotive company is Existing or more than 2 years old

PPP Loan Search / NE / HASTINGS / Hastings automotive company

HASTINGS AUTOMOTIVE COMPANY

Date Approved

04/12/2020

SBA Office Code

0766

Processing Method

PPP

Borrower Name

HASTINGS AUTOMOTIVE COMPANY

Borrower Address

3101 Osborne Dr W

Borrower City

HASTINGS

Borrower State

NE

Borrower Zip

68901-1965

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

570900.00

Current Approval Amount

570900.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

52795

Servicing Lender Name

Alerus Financial, National Association

Servicing Lender Address

401 DeMers Ave

Servicing Lender City

GRAND FORKS

Servicing Lender State

ND

Servicing Lender Zip

58201-4574

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HASTINGS

Project County Name

ADAMS

Project State

NE

Project Zip

68901-1965

CD

NE-03

Jobs Reported

58

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

71275.00

Payroll Proceed

428250.00

Mortgage Interest Proceed

0.00

Rent Proceed

71375.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

577576.36

Forgiveness Date

06/11/2021

;