PPP Loan information for Park avenue automotive, inc.

$212,000

Park avenue automotive, inc. was initially approved for PPP Loan of amount $212,000, the current approved amount is $212,000. The loan was approved on 04/03/2020 by The The Citizens National Bank of Park Rapids reported 17 jobs and $212,000 was used to fund payroll.

Park avenue automotive, inc. is Existing or more than 2 years old

PPP Loan Search / MN / PARK RAPIDS / Park avenue automotive, inc.

PARK AVENUE AUTOMOTIVE, INC.

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PARK AVENUE AUTOMOTIVE, INC.

Borrower Address

1205 Park Avenue South

Borrower City

PARK RAPIDS

Borrower State

MN

Borrower Zip

56470-1502

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

212000.00

Current Approval Amount

212000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38734

Servicing Lender Name

The Citizens National Bank of Park Rapids

Servicing Lender Address

300 W 1st St

Servicing Lender City

PARK RAPIDS

Servicing Lender State

MN

Servicing Lender Zip

56470-1402

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PARK RAPIDS

Project County Name

HUBBARD

Project State

MN

Project Zip

56470-1502

CD

MN-07

Jobs Reported

17

NAICS Code

423110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

212000.00

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

Corporation

Originating Lender Location Id

38734

Originating Lender

The Citizens National Bank of Park Rapids

Originating Lender City

PARK RAPIDS

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

213330.89

Forgiveness Date

11/23/2020

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