PPP Loan information for Austin pallets, inc.

$228,826

Austin pallets, inc. was initially approved for PPP Loan of amount $247,263, the current approved amount is $228,826. The loan was approved on 04/08/2020 by The Sterling State Bank reported 27 jobs and $228,826 was used to fund payroll.

Austin pallets, inc. is Existing or more than 2 years old

AUSTIN PALLETS, INC.

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

AUSTIN PALLETS, INC.

Borrower Address

805 11TH ST NE

Borrower City

AUSTIN

Borrower State

MN

Borrower Zip

55912-1945

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

247262.50

Current Approval Amount

228826.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36611

Servicing Lender Name

Sterling State Bank

Servicing Lender Address

1419 1st Ave SW

Servicing Lender City

AUSTIN

Servicing Lender State

MN

Servicing Lender Zip

55912-1603

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

55912-1945

CD

MN-01

Jobs Reported

27

NAICS Code

321920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

228826.00

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

Subchapter S Corporation

Originating Lender Location Id

36611

Originating Lender

Sterling State Bank

Originating Lender City

AUSTIN

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

231012.56

Forgiveness Date

03/31/2021

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