PPP Loan information for King cargo vans and trailer sales inc

$42,628

King cargo vans and trailer sales inc was initially approved for PPP Loan of amount $42,628, the current approved amount is $42,628. The loan was approved on 04/06/2020 by The Sterling State Bank reported 4 jobs and $42,628 was used to fund payroll.

King cargo vans and trailer sales inc is Existing or more than 2 years old

KING CARGO VANS AND TRAILER SALES INC

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

KING CARGO VANS AND TRAILER SALES INC

Borrower Address

7303 HIGHWAY 13 W

Borrower City

SAVAGE

Borrower State

MN

Borrower Zip

55378-1112

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42627.70

Current Approval Amount

42627.70

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36611

Servicing Lender Name

Sterling State Bank

Servicing Lender Address

1419 1st Ave SW

Servicing Lender City

AUSTIN

Servicing Lender State

MN

Servicing Lender Zip

55912-1603

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAVAGE

Project County Name

SCOTT

Project State

MN

Project Zip

55378-1112

CD

MN-02

Jobs Reported

4

NAICS Code

423110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

42627.70

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

36611

Originating Lender

Sterling State Bank

Originating Lender City

AUSTIN

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

42949.78

Forgiveness Date

01/07/2021

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