PPP Loan information for Banks heating, inc.

$34,200

Banks heating, inc. was initially approved for PPP Loan of amount $34,200, the current approved amount is $34,200. The loan was approved on 04/06/2020 by The Alliance Bank reported 3 jobs and $34,200 was used to fund payroll.

Banks heating, inc. is Existing or more than 2 years old

BANKS HEATING, INC.

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BANKS HEATING, INC.

Borrower Address

1245 N. 7th Street

Borrower City

LAKE CITY

Borrower State

MN

Borrower Zip

55041-1264

Loan Status Date

11/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

34200.00

Current Approval Amount

34200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38294

Servicing Lender Name

Alliance Bank

Servicing Lender Address

105 E Lyon Ave

Servicing Lender City

LAKE CITY

Servicing Lender State

MN

Servicing Lender Zip

55041-1013

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAKE CITY

Project County Name

WABASHA

Project State

MN

Project Zip

55041-1264

CD

MN-01

Jobs Reported

3

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

34200.00

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

38294

Originating Lender

Alliance Bank

Originating Lender City

LAKE CITY

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

34367.20

Forgiveness Date

10/13/2020

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