PPP Loan information for Archer industrial corp

$20,832

Archer industrial corp was initially approved for PPP Loan of amount $20,832, the current approved amount is $20,832. The loan was approved on 01/16/2021 by The BANKWEST reported 1 jobs and $20,832 was used to fund payroll.

Archer industrial corp is Existing or more than 2 years old

ARCHER INDUSTRIAL CORP

Date Approved

01/16/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

ARCHER INDUSTRIAL CORP

Borrower Address

6575 S Bay Dr

Borrower City

Excelsior

Borrower State

MN

Borrower Zip

55331-9684

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20832.00

Current Approval Amount

20832.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38796

Servicing Lender Name

BANKWEST

Servicing Lender Address

5921 Main St

Servicing Lender City

ROCKFORD

Servicing Lender State

MN

Servicing Lender Zip

55373-9557

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Excelsior

Project County Name

HENNEPIN

Project State

MN

Project Zip

55331-9684

CD

MN-03

Jobs Reported

1

NAICS Code

541611

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

20829.00

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

38796

Originating Lender

BANKWEST

Originating Lender City

ROCKFORD

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20918.18

Forgiveness Date

06/23/2021

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