PPP Loan information for Wells automotive

$11,115

Wells automotive was initially approved for PPP Loan of amount $11,115, the current approved amount is $11,115. The loan was approved on 04/16/2021 by The Global Innovations Bank reported 1 jobs and $11,115 was used to fund payroll.

Wells automotive is Existing or more than 2 years old

WELLS AUTOMOTIVE

Date Approved

04/16/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

WELLS AUTOMOTIVE

Borrower Address

150 3rd St NE

Borrower City

Wells

Borrower State

MN

Borrower Zip

56097-1511

Loan Status Date

11/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

11115.00

Current Approval Amount

11115.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38286

Servicing Lender Name

Global Innovations Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

KIESTER

Servicing Lender State

MN

Servicing Lender Zip

56051

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wells

Project County Name

FARIBAULT

Project State

MN

Project Zip

56097-1511

CD

MN-01

Jobs Reported

1

NAICS Code

811111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

11112.00

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

Single Member LLC

Originating Lender Location Id

38286

Originating Lender

Global Innovations Bank

Originating Lender City

KIESTER

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

11153.98

Forgiveness Date

08/27/2021

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