PPP Loan information for Victory engines, inc.

$16,619

Victory engines, inc. was initially approved for PPP Loan of amount $16,619, the current approved amount is $16,619. The loan was approved on 04/14/2020 by The First Independent Bank reported 2 jobs and $16,619 was used to fund payroll.

Victory engines, inc. is Existing or more than 2 years old

PPP Loan Search / MN / MARSHALL / Victory engines, inc.

VICTORY ENGINES, INC.

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

VICTORY ENGINES, INC.

Borrower Address

1507 LAKE RD

Borrower City

MARSHALL

Borrower State

MN

Borrower Zip

56258-2289

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

16619.00

Current Approval Amount

16619.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38814

Servicing Lender Name

First Independent Bank

Servicing Lender Address

300 Front St

Servicing Lender City

RUSSELL

Servicing Lender State

MN

Servicing Lender Zip

56169

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MARSHALL

Project County Name

LYON

Project State

MN

Project Zip

56258-2289

CD

MN-07

Jobs Reported

2

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

16619.00

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

Subchapter S Corporation

Originating Lender Location Id

38814

Originating Lender

First Independent Bank

Originating Lender City

RUSSELL

Originating Lender State

MN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

16710.40

Forgiveness Date

11/02/2020

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