PPP Loan information for A and b construction inc

$372,800

A and b construction inc was initially approved for PPP Loan of amount $372,800, the current approved amount is $372,800. The loan was approved on 04/09/2020 by The Merchants Bank, National Association reported 46 jobs and $372,800 was used to fund payroll.

A and b construction inc is New Business or 2 years or less

A AND B CONSTRUCTION INC

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

A AND B CONSTRUCTION INC

Borrower Address

7711 230TH ST E

Borrower City

LAKEVILLE

Borrower State

MN

Borrower Zip

55044-8285

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

372800.00

Current Approval Amount

372800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

LAKEVILLE

Project County Name

SCOTT

Project State

MN

Project Zip

55044-8285

CD

MN-02

Jobs Reported

46

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

360350.00

Mortgage Interest Proceed

0.00

Rent Proceed

12450.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

377542.84

Forgiveness Date

07/20/2021

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