PPP Loan information for Althoff crane service inc

$201,637

Althoff crane service inc was initially approved for PPP Loan of amount $201,637, the current approved amount is $201,637. The loan was approved on 04/08/2020 by The First Independent Bank reported 16 jobs and $201,637 was used to fund payroll.

Althoff crane service inc is Existing or more than 2 years old

ALTHOFF CRANE SERVICE INC

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ALTHOFF CRANE SERVICE INC

Borrower Address

222 E Lincoln Street

Borrower City

TYLER

Borrower State

MN

Borrower Zip

56178-1125

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

201637.00

Current Approval Amount

201637.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38814

Servicing Lender Name

First Independent Bank

Servicing Lender Address

300 Front St

Servicing Lender City

RUSSELL

Servicing Lender State

MN

Servicing Lender Zip

56169

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TYLER

Project County Name

LINCOLN

Project State

MN

Project Zip

56178-1125

CD

MN-07

Jobs Reported

16

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2775.00

Payroll Proceed

174527.00

Mortgage Interest Proceed

0.00

Rent Proceed

5550.00

Refinance EIDL Proceed

0.00

Health Care Proceed

18785.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38814

Originating Lender

First Independent Bank

Originating Lender City

RUSSELL

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

202908.43

Forgiveness Date

11/24/2020

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