PPP Loan information for Jake's auto mall llc

$47,036

Jake's auto mall llc was initially approved for PPP Loan of amount $47,036, the current approved amount is $47,036. The loan was approved on 04/09/2020 by The Magnifi Financial CU reported 8 jobs and $47,036 was used to fund payroll.

Jake's auto mall llc is Existing or more than 2 years old

JAKE'S AUTO MALL LLC

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

JAKE'S AUTO MALL LLC

Borrower Address

17255 HIGHWAY 65 NE

Borrower City

HAM LAKE

Borrower State

MN

Borrower Zip

55304-4802

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47036.30

Current Approval Amount

47036.30

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HAM LAKE

Project County Name

ANOKA

Project State

MN

Project Zip

55304-4802

CD

MN-06

Jobs Reported

8

NAICS Code

441120

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

47036.30

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

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

47387.77

Forgiveness Date

01/22/2021

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