PPP Loan information for Jim's auto care inc

$64,200

Jim's auto care inc was initially approved for PPP Loan of amount $64,200, the current approved amount is $64,200. The loan was approved on 04/12/2020 by The Merchants Bank, National Association reported 7 jobs and $64,200 was used to fund payroll.

Jim's auto care inc is Existing or more than 2 years old

PPP Loan Search / MN / ROCHESTER / Jim's auto care inc

JIM'S AUTO CARE INC

Date Approved

04/12/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

JIM'S AUTO CARE INC

Borrower Address

3602 40TH AVE NW

Borrower City

ROCHESTER

Borrower State

MN

Borrower Zip

55901-8341

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

64200.00

Current Approval Amount

64200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROCHESTER

Project County Name

OLMSTED

Project State

MN

Project Zip

55901-8341

CD

MN-01

Jobs Reported

7

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3339.00

Payroll Proceed

42051.00

Mortgage Interest Proceed

0.00

Rent Proceed

15599.00

Refinance EIDL Proceed

0.00

Health Care Proceed

3211.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

64570.93

Forgiveness Date

11/17/2020

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