PPP Loan information for Advanced coil technology llc

$156,690

Advanced coil technology llc was initially approved for PPP Loan of amount $156,690, the current approved amount is $156,690. The loan was approved on 01/28/2021 by The Bremer Bank, National Association reported 11 jobs and $156,690 was used to fund payroll.

Advanced coil technology llc is Existing or more than 2 years old

PPP Loan Search / MN / Owatonna / Advanced coil technology llc

ADVANCED COIL TECHNOLOGY LLC

Date Approved

01/28/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

ADVANCED COIL TECHNOLOGY LLC

Borrower Address

2929 Park Dr

Borrower City

Owatonna

Borrower State

MN

Borrower Zip

55060-4912

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

156690.00

Current Approval Amount

156690.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38908

Servicing Lender Name

Bremer Bank, National Association

Servicing Lender Address

372 St. Peter St

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55102-1302

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Owatonna

Project County Name

STEELE

Project State

MN

Project Zip

55060-4912

CD

MN-01

Jobs Reported

11

NAICS Code

333415

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

156687.00

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

Limited Liability Partnership

Originating Lender Location Id

38908

Originating Lender

Bremer Bank, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

157806.15

Forgiveness Date

10/20/2021

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