PPP Loan information for Heartland tire and auto inc

$71,950

Heartland tire and auto inc was initially approved for PPP Loan of amount $71,950, the current approved amount is $71,950. The loan was approved on 04/10/2020 by The Frandsen Bank & Trust reported 10 jobs and $71,950 was used to fund payroll.

Heartland tire and auto inc is Existing or more than 2 years old

HEARTLAND TIRE AND AUTO INC

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

HEARTLAND TIRE AND AUTO INC

Borrower Address

1120 E 146TH ST

Borrower City

BURNSVILLE

Borrower State

MN

Borrower Zip

55337-6659

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

71950.00

Current Approval Amount

71950.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BURNSVILLE

Project County Name

DAKOTA

Project State

MN

Project Zip

55337-6659

CD

MN-02

Jobs Reported

10

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7195.00

Payroll Proceed

53965.00

Mortgage Interest Proceed

10790.00

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

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

72421.12

Forgiveness Date

12/16/2020

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