PPP Loan information for Albert lea elevator co., inc.

$128,500

Albert lea elevator co., inc. was initially approved for PPP Loan of amount $128,500, the current approved amount is $128,500. The loan was approved on 04/05/2020 by The Arcadian Bank reported 7 jobs and $128,500 was used to fund payroll.

Albert lea elevator co., inc. is Existing or more than 2 years old

PPP Loan Search / MN / ALBERT LEA / Albert lea elevator co., inc.

ALBERT LEA ELEVATOR CO., INC.

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ALBERT LEA ELEVATOR CO., INC.

Borrower Address

1301 W 9TH ST

Borrower City

ALBERT LEA

Borrower State

MN

Borrower Zip

56007-1310

Loan Status Date

03/03/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

128500.00

Current Approval Amount

128500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38215

Servicing Lender Name

Arcadian Bank

Servicing Lender Address

601 N Broadway

Servicing Lender City

HARTLAND

Servicing Lender State

MN

Servicing Lender Zip

56042-9782

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALBERT LEA

Project County Name

FREEBORN

Project State

MN

Project Zip

56007-1310

CD

MN-01

Jobs Reported

7

NAICS Code

424510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4000.00

Payroll Proceed

108500.00

Mortgage Interest Proceed

8000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

8000

Business Type

Subchapter S Corporation

Originating Lender Location Id

38215

Originating Lender

Arcadian Bank

Originating Lender City

HARTLAND

Originating Lender State

MN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

129380.14

Forgiveness Date

12/22/2020

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