PPP Loan information for Newstar car wash co.

$70,490

Newstar car wash co. was initially approved for PPP Loan of amount $70,490, the current approved amount is $70,490. The loan was approved on 04/12/2020 by The Frandsen Bank & Trust reported 23 jobs and $70,490 was used to fund payroll.

Newstar car wash co. is Existing or more than 2 years old

PPP Loan Search / MN / CAMBRIDGE / Newstar car wash co.

NEWSTAR CAR WASH CO.

Date Approved

04/12/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NEWSTAR CAR WASH CO.

Borrower Address

2300 2nd Ave SE

Borrower City

CAMBRIDGE

Borrower State

MN

Borrower Zip

55008-4104

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

70490.00

Current Approval Amount

70490.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CAMBRIDGE

Project County Name

ISANTI

Project State

MN

Project Zip

55008-4104

CD

MN-08

Jobs Reported

23

NAICS Code

811192

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7098.00

Payroll Proceed

56392.00

Mortgage Interest Proceed

0.00

Rent Proceed

7000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

70992.12

Forgiveness Date

01/07/2021

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