PPP Loan information for Hometown auto repair

$13,800

Hometown auto repair was initially approved for PPP Loan of amount $13,800, the current approved amount is $13,800. The loan was approved on 03/09/2021 by The MidWestOne Bank reported 2 jobs and $13,800 was used to fund payroll.

Hometown auto repair is Existing or more than 2 years old

HOMETOWN AUTO REPAIR

Date Approved

03/09/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

HOMETOWN AUTO REPAIR

Borrower Address

15409 Forest Blvd N

Borrower City

Hugo

Borrower State

MN

Borrower Zip

55038-8369

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

13800.00

Current Approval Amount

13800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hugo

Project County Name

WASHINGTON

Project State

MN

Project Zip

55038-8369

CD

MN-08

Jobs Reported

2

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

13799.00

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

Subchapter S Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

13852.90

Forgiveness Date

08/03/2021

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