PPP Loan information for A.h. hermel candy & tobacco co.

$1,251,800

A.h. hermel candy & tobacco co. was initially approved for PPP Loan of amount $1,251,800, the current approved amount is $1,251,800. The loan was approved on 01/16/2021 by The Pioneer Bank reported 145 jobs and $1,251,800 was used to fund payroll.

A.h. hermel candy & tobacco co. is Existing or more than 2 years old

A.H. HERMEL CANDY & TOBACCO CO.

Date Approved

01/16/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

A.H. HERMEL CANDY & TOBACCO CO.

Borrower Address

23099 N Riverfront Dr

Borrower City

Mankato

Borrower State

MN

Borrower Zip

56001-5993

Loan Status Date

04/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1251800.00

Current Approval Amount

1251800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38355

Servicing Lender Name

Pioneer Bank

Servicing Lender Address

301 Main St NE

Servicing Lender City

MAPLETON

Servicing Lender State

MN

Servicing Lender Zip

56065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Mankato

Project County Name

BLUE EARTH

Project State

MN

Project Zip

56001-5993

CD

MN-01

Jobs Reported

145

NAICS Code

424940

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1251795.00

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

Corporation

Originating Lender Location Id

38355

Originating Lender

Pioneer Bank

Originating Lender City

MAPLETON

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1266439.11

Forgiveness Date

03/23/2022

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