PPP Loan information for Arctic construction inc.

$65,003

Arctic construction inc. was initially approved for PPP Loan of amount $65,003, the current approved amount is $65,003. The loan was approved on 02/23/2021 by The Community Development Bank, FSB reported 7 jobs and $65,003 was used to fund payroll.

Arctic construction inc. is Existing or more than 2 years old

ARCTIC CONSTRUCTION INC.

Date Approved

02/23/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

ARCTIC CONSTRUCTION INC.

Borrower Address

3031 72nd St SE

Borrower City

Delano

Borrower State

MN

Borrower Zip

55328-8190

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

65002.50

Current Approval Amount

65002.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38719

Servicing Lender Name

Community Development Bank, FSB

Servicing Lender Address

516 Main St

Servicing Lender City

OGEMA

Servicing Lender State

MN

Servicing Lender Zip

56569

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Delano

Project County Name

WRIGHT

Project State

MN

Project Zip

55328-8190

CD

MN-06

Jobs Reported

7

NAICS Code

236115

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

65002.50

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

Subchapter S Corporation

Originating Lender Location Id

38719

Originating Lender

Community Development Bank, FSB

Originating Lender City

OGEMA

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

65231.81

Forgiveness Date

07/02/2021

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