PPP Loan information for Msaxon, inc.

$505,200

Msaxon, inc. was initially approved for PPP Loan of amount $505,200, the current approved amount is $505,200. The loan was approved on 04/07/2020 by The Deerwood Bank reported 44 jobs and $505,200 was used to fund payroll.

Msaxon, inc. is Existing or more than 2 years old

PPP Loan Search / MN / INVER GROVE HEIGHTS / Msaxon, inc.

MSAXON, INC.

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MSAXON, INC.

Borrower Address

1290 50th Street E.

Borrower City

INVER GROVE HEIGHTS

Borrower State

MN

Borrower Zip

55077-1285

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

505200.00

Current Approval Amount

505200.00

Undisbursed Amount

0.00

Franchise Name

Hyundai Motor America - Dealer Sales and Service Agreement

Servicing Lender Location Id

36772

Servicing Lender Name

Deerwood Bank

Servicing Lender Address

131 6th Ave South, Ste 100

Servicing Lender City

WAITE PARK

Servicing Lender State

MN

Servicing Lender Zip

56387-1360

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

INVER GROVE HEIGHTS

Project County Name

DAKOTA

Project State

MN

Project Zip

55077-1285

CD

MN-02

Jobs Reported

44

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

12000.00

Payroll Proceed

404200.00

Mortgage Interest Proceed

0.00

Rent Proceed

34000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

30000.00

Debt Interest Proceed

25000

Business Type

Corporation

Originating Lender Location Id

36772

Originating Lender

Deerwood Bank

Originating Lender City

WAITE PARK

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

509522.27

Forgiveness Date

02/12/2021

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