PPP Loan information for Albany a&w

$57,581

Albany a&w was initially approved for PPP Loan of amount $57,582, the current approved amount is $57,581. The loan was approved on 04/07/2020 by The Stearns Bank National Association reported 42 jobs and $57,581 was used to fund payroll.

Albany a&w is Existing or more than 2 years old

ALBANY A&W

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ALBANY A&W

Borrower Address

121 8th St S Box 54

Borrower City

ALBANY

Borrower State

MN

Borrower Zip

56307-8744

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

57581.77

Current Approval Amount

57581.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36581

Servicing Lender Name

Stearns Bank National Association

Servicing Lender Address

4191 2nd St South

Servicing Lender City

SAINT CLOUD

Servicing Lender State

MN

Servicing Lender Zip

56301-3761

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALBANY

Project County Name

STEARNS

Project State

MN

Project Zip

56307-8744

CD

MN-07

Jobs Reported

42

NAICS Code

722513

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2600.00

Payroll Proceed

46109.00

Mortgage Interest Proceed

1972.00

Rent Proceed

6000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

900.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

36581

Originating Lender

Stearns Bank National Association

Originating Lender City

SAINT CLOUD

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

57999.05

Forgiveness Date

01/08/2021

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