PPP Loan information for Octane power sports inc

$18,208

Octane power sports inc was initially approved for PPP Loan of amount $18,208, the current approved amount is $18,208. The loan was approved on 03/23/2021 by The Citizens Community Federal National Association reported 2 jobs and $18,208 was used to fund payroll.

Octane power sports inc is Existing or more than 2 years old

PPP Loan Search / MN / Fairmont / Octane power sports inc

OCTANE POWER SPORTS INC

Date Approved

03/23/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

OCTANE POWER SPORTS INC

Borrower Address

1010 N State St

Borrower City

Fairmont

Borrower State

MN

Borrower Zip

56031-3737

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

18208.33

Current Approval Amount

18208.33

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

108056

Servicing Lender Name

Citizens Community Federal National Association

Servicing Lender Address

219 Fairfax St

Servicing Lender City

ALTOONA

Servicing Lender State

WI

Servicing Lender Zip

54720-1181

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fairmont

Project County Name

MARTIN

Project State

MN

Project Zip

56031-3737

CD

MN-01

Jobs Reported

2

NAICS Code

812990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

18207.33

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

Limited Liability Company(LLC)

Originating Lender Location Id

108056

Originating Lender

Citizens Community Federal National Association

Originating Lender City

ALTOONA

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

18320.11

Forgiveness Date

11/22/2021

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