PPP Loan information for M&l automotive

$75,600

M&l automotive was initially approved for PPP Loan of amount $75,600, the current approved amount is $75,600. The loan was approved on 03/03/2021 by The Customers Bank reported 6 jobs and $75,600 was used to fund payroll.

M&l automotive is Existing or more than 2 years old

M&L AUTOMOTIVE

Date Approved

03/03/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

M&L AUTOMOTIVE

Borrower Address

2255 Tower Dr W

Borrower City

Stillwater

Borrower State

MN

Borrower Zip

55082-7611

Loan Status Date

11/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

75600.00

Current Approval Amount

75600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Stillwater

Project County Name

WASHINGTON

Project State

MN

Project Zip

55082-7611

CD

MN-04

Jobs Reported

6

NAICS Code

811198

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

75598.00

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

Corporation

Originating Lender Location Id

122043

Originating Lender

WebBank

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

76103.31

Forgiveness Date

11/03/2021

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