PPP Loan information for Asbestrol inc

$88,000

Asbestrol inc was initially approved for PPP Loan of amount $88,000, the current approved amount is $88,000. The loan was approved on 01/27/2021 by The Manufacturers Bank & Trust Company reported 9 jobs and $88,000 was used to fund payroll.

Asbestrol inc is Existing or more than 2 years old

PPP Loan Search / MN / Austin / Asbestrol inc

ASBESTROL INC

Date Approved

01/27/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

ASBESTROL INC

Borrower Address

506 10th St NE

Borrower City

Austin

Borrower State

MN

Borrower Zip

55912-3756

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

88000.00

Current Approval Amount

88000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25006

Servicing Lender Name

Manufacturers Bank & Trust Company

Servicing Lender Address

245 E 'J' St

Servicing Lender City

FOREST CITY

Servicing Lender State

IA

Servicing Lender Zip

50436

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Austin

Project County Name

MOWER

Project State

MN

Project Zip

55912-3756

CD

MN-01

Jobs Reported

9

NAICS Code

238990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

87999.00

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

25006

Originating Lender

Manufacturers Bank & Trust Company

Originating Lender City

FOREST CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

88311.01

Forgiveness Date

06/15/2021

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