PPP Loan information for Anderson custom processing, inc

$1,200,000

Anderson custom processing, inc was initially approved for PPP Loan of amount $1,200,000, the current approved amount is $1,200,000. The loan was approved on 05/28/2020 by The Frandsen Bank & Trust reported 76 jobs and $1,200,000 was used to fund payroll.

Anderson custom processing, inc is Existing or more than 2 years old

ANDERSON CUSTOM PROCESSING, INC

Date Approved

05/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ANDERSON CUSTOM PROCESSING, INC

Borrower Address

200 Lindbergh Drive S

Borrower City

LITTLE FALLS

Borrower State

MN

Borrower Zip

56345-1310

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1200000.00

Current Approval Amount

1200000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LITTLE FALLS

Project County Name

MORRISON

Project State

MN

Project Zip

56345-1310

CD

MN-07

Jobs Reported

76

NAICS Code

311423

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

300000.00

Payroll Proceed

900000.00

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

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1207561.64

Forgiveness Date

01/20/2021

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