PPP Loan information for Red's auto inc

$153,200

Red's auto inc was initially approved for PPP Loan of amount $153,200, the current approved amount is $153,200. The loan was approved on 04/04/2020 by The Farmers and Merchants State Bank of Pierz reported 14 jobs and $153,200 was used to fund payroll.

Red's auto inc is Existing or more than 2 years old

PPP Loan Search / MN / PIERZ / Red's auto inc

RED'S AUTO INC

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RED'S AUTO INC

Borrower Address

104 1ST AVE N P.O. Box 33

Borrower City

PIERZ

Borrower State

MN

Borrower Zip

56364-4132

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

153200.00

Current Approval Amount

153200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38741

Servicing Lender Name

Farmers and Merchants State Bank of Pierz

Servicing Lender Address

80 Main St

Servicing Lender City

PIERZ

Servicing Lender State

MN

Servicing Lender Zip

56364-4529

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PIERZ

Project County Name

CROW WING

Project State

MN

Project Zip

56364-4132

CD

MN-07

Jobs Reported

14

NAICS Code

447110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

153200.00

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

38741

Originating Lender

Farmers and Merchants State Bank of Pierz

Originating Lender City

PIERZ

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

154693.70

Forgiveness Date

03/31/2021

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