PPP Loan information for Scott's muffler & welding

$7,547

Scott's muffler & welding was initially approved for PPP Loan of amount $7,547, the current approved amount is $7,547. The loan was approved on 04/27/2020 by The Neighborhood National Bank reported 1 jobs and $7,547 was used to fund payroll.

Scott's muffler & welding is Existing or more than 2 years old

SCOTT'S MUFFLER & WELDING

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SCOTT'S MUFFLER & WELDING

Borrower Address

110 Main Street S

Borrower City

PINE CITY

Borrower State

MN

Borrower Zip

55063-1448

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7547.00

Current Approval Amount

7547.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38639

Servicing Lender Name

Neighborhood National Bank

Servicing Lender Address

45 N Union St

Servicing Lender City

MORA

Servicing Lender State

MN

Servicing Lender Zip

55051-1327

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PINE CITY

Project County Name

PINE

Project State

MN

Project Zip

55063-1448

CD

MN-08

Jobs Reported

1

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

755.00

Payroll Proceed

6038.00

Mortgage Interest Proceed

0.00

Rent Proceed

754.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

38639

Originating Lender

Neighborhood National Bank

Originating Lender City

MORA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

7585.36

Forgiveness Date

11/05/2020

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