PPP Loan information for Waseca motor company, inc.

$99,900

Waseca motor company, inc. was initially approved for PPP Loan of amount $99,900, the current approved amount is $99,900. The loan was approved on 04/13/2020 by The Minnwest Bank reported 9 jobs and $99,900 was used to fund payroll.

Waseca motor company, inc. is Existing or more than 2 years old

PPP Loan Search / MN / WASECA / Waseca motor company, inc.

WASECA MOTOR COMPANY, INC.

Date Approved

04/13/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

WASECA MOTOR COMPANY, INC.

Borrower Address

1800 Elm Avenue West

Borrower City

WASECA

Borrower State

MN

Borrower Zip

56093-0523

Loan Status Date

03/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

99900.00

Current Approval Amount

99900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36636

Servicing Lender Name

Minnwest Bank

Servicing Lender Address

300 S Washington St

Servicing Lender City

REDWOOD FALLS

Servicing Lender State

MN

Servicing Lender Zip

56283-1658

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WASECA

Project County Name

WASECA

Project State

MN

Project Zip

56093-0523

CD

MN-01

Jobs Reported

9

NAICS Code

441228

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

9900.00

Payroll Proceed

75000.00

Mortgage Interest Proceed

0.00

Rent Proceed

15000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36636

Originating Lender

Minnwest Bank

Originating Lender City

REDWOOD FALLS

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

91498.43

Forgiveness Date

12/09/2020

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