PPP Loan information for Ameristar industries inc

$495,200

Ameristar industries inc was initially approved for PPP Loan of amount $495,200, the current approved amount is $495,200. The loan was approved on 01/21/2021 by The Pioneer Bank reported 41 jobs and $495,200 was used to fund payroll.

Ameristar industries inc is Existing or more than 2 years old

PPP Loan Search / MN / Mankato / Ameristar industries inc

AMERISTAR INDUSTRIES INC

Date Approved

01/21/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

AMERISTAR INDUSTRIES INC

Borrower Address

2600 9th Ave

Borrower City

Mankato

Borrower State

MN

Borrower Zip

56001-2798

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

495200.00

Current Approval Amount

495200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38355

Servicing Lender Name

Pioneer Bank

Servicing Lender Address

301 Main St NE

Servicing Lender City

MAPLETON

Servicing Lender State

MN

Servicing Lender Zip

56065

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Mankato

Project County Name

BLUE EARTH

Project State

MN

Project Zip

56001-2798

CD

MN-01

Jobs Reported

41

NAICS Code

332111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

495199.00

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

Subchapter S Corporation

Originating Lender Location Id

38355

Originating Lender

Pioneer Bank

Originating Lender City

MAPLETON

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

498501.33

Forgiveness Date

09/24/2021

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