PPP Loan information for Road ready truck & trailer repair, llc

$123,693

Road ready truck & trailer repair, llc was initially approved for PPP Loan of amount $123,693, the current approved amount is $123,693. The loan was approved on 04/15/2020 by The Drake Bank reported 16 jobs and $123,693 was used to fund payroll.

Road ready truck & trailer repair, llc is Existing or more than 2 years old

PPP Loan Search / MN / SOUTH SAINT PAUL / Road ready truck & trailer repair, llc

ROAD READY TRUCK & TRAILER REPAIR, LLC

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ROAD READY TRUCK & TRAILER REPAIR, LLC

Borrower Address

424 Farwell Ave

Borrower City

SOUTH SAINT PAUL

Borrower State

MN

Borrower Zip

55075

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

123693.00

Current Approval Amount

123693.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

262368

Servicing Lender Name

Drake Bank

Servicing Lender Address

60 E Plato Blvd, Ste 100

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55107-1828

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SOUTH SAINT PAUL

Project County Name

DAKOTA

Project State

MN

Project Zip

55075-0001

CD

MN-02

Jobs Reported

16

NAICS Code

811198

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8500.00

Payroll Proceed

92770.00

Mortgage Interest Proceed

0.00

Rent Proceed

19125.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

3298

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

262368

Originating Lender

Drake Bank

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

124802.80

Forgiveness Date

03/10/2021

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