PPP Loan information for Swedish motors, llc

$49,100

Swedish motors, llc was initially approved for PPP Loan of amount $49,100, the current approved amount is $49,100. The loan was approved on 04/10/2020 by The VisionBank reported 4 jobs and $49,100 was used to fund payroll.

Swedish motors, llc is Existing or more than 2 years old

SWEDISH MOTORS, LLC

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SWEDISH MOTORS, LLC

Borrower Address

432 11th Avenue South

Borrower City

HOPKINS

Borrower State

MN

Borrower Zip

55343-7208

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49100.00

Current Approval Amount

49100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

435423

Servicing Lender Name

VisionBank

Servicing Lender Address

3059 Joppa Ave South

Servicing Lender City

SAINT LOUIS PARK

Servicing Lender State

MN

Servicing Lender Zip

55416-4458

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOPKINS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55343-7208

CD

MN-03

Jobs Reported

4

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

37491.00

Mortgage Interest Proceed

0.00

Rent Proceed

8000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

3083.00

Debt Interest Proceed

526

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

435423

Originating Lender

VisionBank

Originating Lender City

SAINT LOUIS PARK

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

49775.12

Forgiveness Date

08/25/2021

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