PPP Loan information for American bin erectors

$87,778

American bin erectors was initially approved for PPP Loan of amount $87,778, the current approved amount is $87,778. The loan was approved on 02/20/2021 by The Minnwest Bank reported 5 jobs and $87,778 was used to fund payroll.

American bin erectors is Existing or more than 2 years old

AMERICAN BIN ERECTORS

Date Approved

02/20/2021

SBA Office Code

0876

Processing Method

PPS

Borrower Name

AMERICAN BIN ERECTORS

Borrower Address

1030 N Spencer Ln

Borrower City

Tea

Borrower State

SD

Borrower Zip

57064-2403

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

87777.50

Current Approval Amount

87777.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36636

Servicing Lender Name

Minnwest Bank

Servicing Lender Address

300 S Washington St

Servicing Lender City

REDWOOD FALLS

Servicing Lender State

MN

Servicing Lender Zip

56283-1658

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Tea

Project County Name

LINCOLN

Project State

SD

Project Zip

57064-2403

CD

SD-

Jobs Reported

5

NAICS Code

238190

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

87771.50

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

Limited Liability Company(LLC)

Originating Lender Location Id

36636

Originating Lender

Minnwest Bank

Originating Lender City

REDWOOD FALLS

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

88256.07

Forgiveness Date

09/13/2021

;