PPP Loan information for The muffler shop inc

$39,900

The muffler shop inc was initially approved for PPP Loan of amount $38,680, the current approved amount is $39,900. The loan was approved on 04/08/2020 by The Peoples State Bank of Velva reported 5 jobs and $39,900 was used to fund payroll.

The muffler shop inc is Existing or more than 2 years old

THE MUFFLER SHOP INC

Date Approved

04/08/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

THE MUFFLER SHOP INC

Borrower Address

725 20TH AVE SE

Borrower City

MINOT

Borrower State

ND

Borrower Zip

58701-6747

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38680.00

Current Approval Amount

39900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52967

Servicing Lender Name

Peoples State Bank of Velva

Servicing Lender Address

101 N Main St

Servicing Lender City

VELVA

Servicing Lender State

ND

Servicing Lender Zip

58790

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MINOT

Project County Name

WARD

Project State

ND

Project Zip

58701-6747

CD

ND-

Jobs Reported

5

NAICS Code

811112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

39900.00

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

52967

Originating Lender

Peoples State Bank of Velva

Originating Lender City

VELVA

Originating Lender State

ND

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

35104.62

Forgiveness Date

11/23/2020

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