PPP Loan information for Aaseby industrial machining

$183,400

Aaseby industrial machining was initially approved for PPP Loan of amount $183,400, the current approved amount is $183,400. The loan was approved on 04/10/2020 by The Alerus Financial, National Association reported 19 jobs and $183,400 was used to fund payroll.

Aaseby industrial machining is Existing or more than 2 years old

AASEBY INDUSTRIAL MACHINING

Date Approved

04/10/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

AASEBY INDUSTRIAL MACHINING

Borrower Address

301 6th Street South

Borrower City

WAHPETON

Borrower State

ND

Borrower Zip

58075-4239

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

183400.00

Current Approval Amount

183400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52795

Servicing Lender Name

Alerus Financial, National Association

Servicing Lender Address

401 DeMers Ave

Servicing Lender City

GRAND FORKS

Servicing Lender State

ND

Servicing Lender Zip

58201-4574

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAHPETON

Project County Name

RICHLAND

Project State

ND

Project Zip

58075-4239

CD

ND-

Jobs Reported

19

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

22900.00

Payroll Proceed

137600.00

Mortgage Interest Proceed

0.00

Rent Proceed

22900.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

184434.17

Forgiveness Date

11/03/2020

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