PPP Loan information for M&l automotive

$56,500

M&l automotive was initially approved for PPP Loan of amount $56,500, the current approved amount is $56,500. The loan was approved on 05/01/2020 by The WebBank reported 6 jobs and $56,500 was used to fund payroll.

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

M&L AUTOMOTIVE

Date Approved

05/01/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

M&L AUTOMOTIVE

Borrower Address

2255 tower drive

Borrower City

Stillwater

Borrower State

MN

Borrower Zip

55082

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

56500.00

Current Approval Amount

56500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122043

Servicing Lender Name

WebBank

Servicing Lender Address

215 S State St, Ste 1000

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-2336

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

55082-0001

CD

MN-04

Jobs Reported

6

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

56500.00

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

56875.10

Forgiveness Date

12/30/2020

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