PPP Loan information for Panda automotive, inc

$80,825

Panda automotive, inc was initially approved for PPP Loan of amount $80,825, the current approved amount is $80,825. The loan was approved on 04/09/2020 by The Frandsen Bank & Trust reported 8 jobs and $80,825 was used to fund payroll.

Panda automotive, inc is Existing or more than 2 years old

PPP Loan Search / MN / BURNSVILLE / Panda automotive, inc

PANDA AUTOMOTIVE, INC

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PANDA AUTOMOTIVE, INC

Borrower Address

900 W BURNSVILLE PKWY, SUITE B

Borrower City

BURNSVILLE

Borrower State

MN

Borrower Zip

55337-2338

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

80825.00

Current Approval Amount

80825.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BURNSVILLE

Project County Name

DAKOTA

Project State

MN

Project Zip

55337-2338

CD

MN-02

Jobs Reported

8

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8080.00

Payroll Proceed

60620.00

Mortgage Interest Proceed

12125.00

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

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

81608.89

Forgiveness Date

04/08/2021

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