PPP Loan information for Area sales co inc

$47,425

Area sales co inc was initially approved for PPP Loan of amount $47,425, the current approved amount is $47,425. The loan was approved on 01/28/2021 by The National Bank of Commerce reported 25 jobs and $47,425 was used to fund payroll.

Area sales co inc is Existing or more than 2 years old

AREA SALES CO INC

Date Approved

01/28/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

AREA SALES CO INC

Borrower Address

9049 E County Rd B

Borrower City

Lake Nebagamon

Borrower State

WI

Borrower Zip

54849

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

47425.00

Current Approval Amount

47425.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76833

Servicing Lender Name

National Bank of Commerce

Servicing Lender Address

1127 Tower Ave

Servicing Lender City

SUPERIOR

Servicing Lender State

WI

Servicing Lender Zip

54880-1502

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lake Nebagamon

Project County Name

DOUGLAS

Project State

WI

Project Zip

54849

CD

WI-07

Jobs Reported

25

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

47424.00

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

76833

Originating Lender

National Bank of Commerce

Originating Lender City

SUPERIOR

Originating Lender State

WI

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

47680.97

Forgiveness Date

08/18/2021

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