PPP Loan information for Avartec inc

$83,000

Avartec inc was initially approved for PPP Loan of amount $83,000, the current approved amount is $83,000. The loan was approved on 01/21/2021 by The The Bank of Elk River reported 7 jobs and $83,000 was used to fund payroll.

Avartec inc is Existing or more than 2 years old

PPP Loan Search / MN / Coon Rapids / Avartec inc

AVARTEC INC

Date Approved

01/21/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

AVARTEC INC

Borrower Address

9249 East River Road NE

Borrower City

Coon Rapids

Borrower State

MN

Borrower Zip

55433

Loan Status Date

09/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

83000.00

Current Approval Amount

83000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38030

Servicing Lender Name

The Bank of Elk River

Servicing Lender Address

630 Main St

Servicing Lender City

ELK RIVER

Servicing Lender State

MN

Servicing Lender Zip

55330-1503

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Coon Rapids

Project County Name

ANOKA

Project State

MN

Project Zip

55433

CD

MN-03

Jobs Reported

7

NAICS Code

541513

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

82997.00

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

38030

Originating Lender

The Bank of Elk River

Originating Lender City

ELK RIVER

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

83525.29

Forgiveness Date

09/15/2021

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