PPP Loan information for Lightning lube

$27,370

Lightning lube was initially approved for PPP Loan of amount $27,370, the current approved amount is $27,370. The loan was approved on 04/11/2020 by The Gate City Bank reported 4 jobs and $27,370 was used to fund payroll.

Lightning lube is Existing or more than 2 years old

LIGHTNING LUBE

Date Approved

04/11/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

LIGHTNING LUBE

Borrower Address

1516 S Broadway

Borrower City

MINOT

Borrower State

ND

Borrower Zip

58701-5935

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

27370.00

Current Approval Amount

27370.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77898

Servicing Lender Name

Gate City Bank

Servicing Lender Address

500 2nd Ave N

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58102-4864

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MINOT

Project County Name

WARD

Project State

ND

Project Zip

58701-5935

CD

ND-

Jobs Reported

4

NAICS Code

811191

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

27370.00

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

Subchapter S Corporation

Originating Lender Location Id

77898

Originating Lender

Gate City Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

27610.25

Forgiveness Date

03/03/2021

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