PPP Loan information for North metro automotive

$25,000

North metro automotive was initially approved for PPP Loan of amount $25,000, the current approved amount is $25,000. The loan was approved on 04/10/2020 by The First Resource Bank reported 4 jobs and $25,000 was used to fund payroll.

North metro automotive is Existing or more than 2 years old

NORTH METRO AUTOMOTIVE

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NORTH METRO AUTOMOTIVE

Borrower Address

1925 ARCADE ST

Borrower City

Maplewood

Borrower State

MN

Borrower Zip

55109-2553

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

25000.00

Current Approval Amount

25000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434662

Servicing Lender Name

First Resource Bank

Servicing Lender Address

7449 Village Dr

Servicing Lender City

LINO LAKES

Servicing Lender State

MN

Servicing Lender Zip

55014-1181

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Maplewood

Project County Name

RAMSEY

Project State

MN

Project Zip

55109-2553

CD

MN-04

Jobs Reported

4

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2000.00

Payroll Proceed

22000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

1000

Business Type

Subchapter S Corporation

Originating Lender Location Id

434662

Originating Lender

First Resource Bank

Originating Lender City

LINO LAKES

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

25179.45

Forgiveness Date

01/08/2021

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