PPP Loan information for La motorsports

$21,700

La motorsports was initially approved for PPP Loan of amount $21,700, the current approved amount is $21,700. The loan was approved on 04/29/2020 by The Northwest Bank reported 1 jobs and $21,700 was used to fund payroll.

La motorsports is Existing or more than 2 years old

PPP Loan Search / MN / WINDOM / La motorsports

LA MOTORSPORTS

Date Approved

04/29/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LA MOTORSPORTS

Borrower Address

703 1st Ave N

Borrower City

WINDOM

Borrower State

MN

Borrower Zip

56101

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

21700.00

Current Approval Amount

21700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82664

Servicing Lender Name

Northwest Bank

Servicing Lender Address

705 Grand Ave

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-3707

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WINDOM

Project County Name

COTTONWOOD

Project State

MN

Project Zip

56101-0001

CD

MN-07

Jobs Reported

1

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1000.00

Payroll Proceed

18700.00

Mortgage Interest Proceed

0.00

Rent Proceed

2000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

82664

Originating Lender

Northwest Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

21848.89

Forgiveness Date

01/07/2021

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