PPP Loan information for Magnuson tires llc

$27,800

Magnuson tires llc was initially approved for PPP Loan of amount $27,800, the current approved amount is $27,800. The loan was approved on 04/13/2020 by The Dakota Heritage Bank reported 5 jobs and $27,800 was used to fund payroll.

Magnuson tires llc is Existing or more than 2 years old

PPP Loan Search / ND / GRANDIN / Magnuson tires llc

MAGNUSON TIRES LLC

Date Approved

04/13/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

MAGNUSON TIRES LLC

Borrower Address

56 1st St

Borrower City

GRANDIN

Borrower State

ND

Borrower Zip

58038-9999

Loan Status Date

11/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

27800.00

Current Approval Amount

27800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52856

Servicing Lender Name

Dakota Heritage Bank

Servicing Lender Address

109 Main St

Servicing Lender City

HUNTER

Servicing Lender State

ND

Servicing Lender Zip

58048

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRANDIN

Project County Name

CASS

Project State

ND

Project Zip

58038-9999

CD

ND-

Jobs Reported

5

NAICS Code

441320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5400.00

Payroll Proceed

22400.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

52856

Originating Lender

Dakota Heritage Bank

Originating Lender City

HUNTER

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

27949.28

Forgiveness Date

11/02/2020

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