PPP Loan information for The professional garage inc

$47,207

The professional garage inc was initially approved for PPP Loan of amount $47,207, the current approved amount is $47,207. The loan was approved on 04/10/2020 by The Drake Bank reported 5 jobs and $47,207 was used to fund payroll.

The professional garage inc is Existing or more than 2 years old

PPP Loan Search / MN / INVER GROVE HEIGHTS / The professional garage inc

THE PROFESSIONAL GARAGE INC

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

THE PROFESSIONAL GARAGE INC

Borrower Address

7391 CONCORD BLVD

Borrower City

INVER GROVE HEIGHTS

Borrower State

MN

Borrower Zip

55076-2725

Loan Status Date

04/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47207.00

Current Approval Amount

47207.00

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

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

INVER GROVE HEIGHTS

Project County Name

DAKOTA

Project State

MN

Project Zip

55076-2725

CD

MN-02

Jobs Reported

5

NAICS Code

811111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

47207.00

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

262368

Originating Lender

Drake Bank

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

47664.65

Forgiveness Date

04/02/2021

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