PPP Loan information for The appliance repair center inc.

$44,500

The appliance repair center inc. was initially approved for PPP Loan of amount $44,500, the current approved amount is $44,500. The loan was approved on 04/14/2020 by The MidCountry Bank reported 6 jobs and $44,500 was used to fund payroll.

The appliance repair center inc. is Existing or more than 2 years old

PPP Loan Search / MN / SAINT CLOUD / The appliance repair center inc.

THE APPLIANCE REPAIR CENTER INC.

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

THE APPLIANCE REPAIR CENTER INC.

Borrower Address

1807 3RD ST N

Borrower City

SAINT CLOUD

Borrower State

MN

Borrower Zip

56303-4413

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

44500.00

Current Approval Amount

44500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

80291

Servicing Lender Name

MidCountry Bank

Servicing Lender Address

7825 Washington Ave South, Ste 120

Servicing Lender City

BLOOMINGTON

Servicing Lender State

MN

Servicing Lender Zip

55439-2431

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT CLOUD

Project County Name

STEARNS

Project State

MN

Project Zip

56303-4413

CD

MN-06

Jobs Reported

6

NAICS Code

811412

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

39400.00

Mortgage Interest Proceed

3864.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1236.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

80291

Originating Lender

MidCountry Bank

Originating Lender City

BLOOMINGTON

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

44840.15

Forgiveness Date

01/26/2021

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