PPP Loan information for Alternative business furniture, inc.

$639,700

Alternative business furniture, inc. was initially approved for PPP Loan of amount $639,764, the current approved amount is $639,700. The loan was approved on 04/06/2020 by The Bell Bank reported 50 jobs and $639,700 was used to fund payroll.

Alternative business furniture, inc. is Existing or more than 2 years old

ALTERNATIVE BUSINESS FURNITURE, INC.

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ALTERNATIVE BUSINESS FURNITURE, INC.

Borrower Address

6533 FLYING CLOUD DR #800

Borrower City

EDEN PRAIRIE

Borrower State

MN

Borrower Zip

55344-3307

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

639764.00

Current Approval Amount

639700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52771

Servicing Lender Name

Bell Bank

Servicing Lender Address

3100 13th Ave South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58103-3507

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EDEN PRAIRIE

Project County Name

HENNEPIN

Project State

MN

Project Zip

55344-3307

CD

MN-03

Jobs Reported

50

NAICS Code

337127

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

639700.00

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

52771

Originating Lender

Bell Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

643317.61

Forgiveness Date

04/08/2021

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