PPP Loan information for Arctic construction, inc

$53,657

Arctic construction, inc was initially approved for PPP Loan of amount $53,657, the current approved amount is $53,657. The loan was approved on 04/28/2020 by The Community Development Bank, FSB reported 4 jobs and $53,657 was used to fund payroll.

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

PPP Loan Search / MN / DELANO / Arctic construction, inc

ARCTIC CONSTRUCTION, INC

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ARCTIC CONSTRUCTION, INC

Borrower Address

3031 72ND ST SE

Borrower City

DELANO

Borrower State

MN

Borrower Zip

55328-8190

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

53656.59

Current Approval Amount

53656.59

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

4

NAICS Code

238130

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

53656.59

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

53959.15

Forgiveness Date

11/23/2020

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