PPP Loan information for Asphalt preservation company

$197,000

Asphalt preservation company was initially approved for PPP Loan of amount $197,000, the current approved amount is $197,000. The loan was approved on 04/07/2020 by The Ultima Bank Minnesota reported 8 jobs and $197,000 was used to fund payroll.

Asphalt preservation company is Existing or more than 2 years old

PPP Loan Search / MN / DETROIT LAKES / Asphalt preservation company

ASPHALT PRESERVATION COMPANY

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ASPHALT PRESERVATION COMPANY

Borrower Address

22923 N PEARL LAKE RD

Borrower City

DETROIT LAKES

Borrower State

MN

Borrower Zip

56501-7017

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

197000.00

Current Approval Amount

197000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39047

Servicing Lender Name

Ultima Bank Minnesota

Servicing Lender Address

9 W Minnesota Ave

Servicing Lender City

WINGER

Servicing Lender State

MN

Servicing Lender Zip

56592

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DETROIT LAKES

Project County Name

BECKER

Project State

MN

Project Zip

56501-7017

CD

MN-07

Jobs Reported

8

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

197000.00

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

39047

Originating Lender

Ultima Bank Minnesota

Originating Lender City

WINGER

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

198975.40

Forgiveness Date

04/19/2021

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