PPP Loan information for Albany manufacturing, inc

$124,300

Albany manufacturing, inc was initially approved for PPP Loan of amount $124,300, the current approved amount is $124,300. The loan was approved on 04/08/2020 by The Magnifi Financial CU reported 11 jobs and $124,300 was used to fund payroll.

Albany manufacturing, inc is Existing or more than 2 years old

PPP Loan Search / MN / ALBANY / Albany manufacturing, inc

ALBANY MANUFACTURING, INC

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ALBANY MANUFACTURING, INC

Borrower Address

1550 RAILROAD AVE

Borrower City

ALBANY

Borrower State

MN

Borrower Zip

56307-9493

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

124300.00

Current Approval Amount

124300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

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

56307-9493

CD

MN-07

Jobs Reported

11

NAICS Code

332710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10810.00

Payroll Proceed

99490.00

Mortgage Interest Proceed

0.00

Rent Proceed

14000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

125219.48

Forgiveness Date

01/11/2021

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