PPP Loan information for Hot rod institute

$129,600

Hot rod institute was initially approved for PPP Loan of amount $129,600, the current approved amount is $129,600. The loan was approved on 04/04/2020 by The Pioneer Bank & Trust reported 14 jobs and $129,600 was used to fund payroll.

Hot rod institute is Existing or more than 2 years old

HOT ROD INSTITUTE

Date Approved

04/04/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

HOT ROD INSTITUTE

Borrower Address

2402 N Maple Ave

Borrower City

RAPID CITY

Borrower State

SD

Borrower Zip

57701-7807

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

129600.00

Current Approval Amount

129600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66436

Servicing Lender Name

Pioneer Bank & Trust

Servicing Lender Address

700 State St

Servicing Lender City

BELLE FOURCHE

Servicing Lender State

SD

Servicing Lender Zip

57717-1421

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RAPID CITY

Project County Name

PENNINGTON

Project State

SD

Project Zip

57701-7807

CD

SD-

Jobs Reported

14

NAICS Code

611519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

129600.00

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

66436

Originating Lender

Pioneer Bank & Trust

Originating Lender City

BELLE FOURCHE

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

120432.28

Forgiveness Date

12/21/2020

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