PPP Loan information for Mike's auto restoration and customizing, llc

$34,270

Mike's auto restoration and customizing, llc was initially approved for PPP Loan of amount $34,270, the current approved amount is $34,270. The loan was approved on 04/16/2020 by The Community Development Bank, FSB reported 3 jobs and $34,270 was used to fund payroll.

Mike's auto restoration and customizing, llc is Existing or more than 2 years old

MIKE'S AUTO RESTORATION AND CUSTOMIZING, LLC

Date Approved

04/16/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MIKE'S AUTO RESTORATION AND CUSTOMIZING, LLC

Borrower Address

19847 HIGHWAY 25

Borrower City

BIG LAKE

Borrower State

MN

Borrower Zip

55309-9561

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

34270.25

Current Approval Amount

34270.25

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38719

Servicing Lender Name

Community Development Bank, FSB

Servicing Lender Address

516 Main St

Servicing Lender City

OGEMA

Servicing Lender State

MN

Servicing Lender Zip

56569

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BIG LAKE

Project County Name

SHERBURNE

Project State

MN

Project Zip

55309-9561

CD

MN-06

Jobs Reported

3

NAICS Code

811121

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

27416.26

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6853.99

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38719

Originating Lender

Community Development Bank, FSB

Originating Lender City

OGEMA

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

34451.12

Forgiveness Date

11/02/2020

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