PPP Loan information for Albert lea seed house, inc.

$559,281

Albert lea seed house, inc. was initially approved for PPP Loan of amount $559,281, the current approved amount is $559,281. The loan was approved on 04/13/2020 by The Arcadian Bank reported 43 jobs and $559,281 was used to fund payroll.

Albert lea seed house, inc. is Existing or more than 2 years old

PPP Loan Search / MN / ALBERT LEA / Albert lea seed house, inc.

ALBERT LEA SEED HOUSE, INC.

Date Approved

04/13/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ALBERT LEA SEED HOUSE, INC.

Borrower Address

1414 W MAIN ST

Borrower City

ALBERT LEA

Borrower State

MN

Borrower Zip

56007-1816

Loan Status Date

03/03/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

559281.00

Current Approval Amount

559281.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ALBERT LEA

Project County Name

FREEBORN

Project State

MN

Project Zip

56007-1816

CD

MN-01

Jobs Reported

43

NAICS Code

424910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

519281.00

Mortgage Interest Proceed

0.00

Rent Proceed

30000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

10000

Business Type

Corporation

Originating Lender Location Id

38215

Originating Lender

Arcadian Bank

Originating Lender City

HARTLAND

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

562284.26

Forgiveness Date

11/03/2020

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