PPP Loan information for Bg sold inc

$56,100

Bg sold inc was initially approved for PPP Loan of amount $56,100, the current approved amount is $56,100. The loan was approved on 04/27/2020 by The MidWestOne Bank reported 18 jobs and $56,100 was used to fund payroll.

Bg sold inc is New Business or 2 years or less

BG SOLD INC

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BG SOLD INC

Borrower Address

23225 ITASCA AVE N

Borrower City

FOREST LAKE

Borrower State

MN

Borrower Zip

55025-8276

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

56100.00

Current Approval Amount

56100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

FOREST LAKE

Project County Name

WASHINGTON

Project State

MN

Project Zip

55025-8276

CD

MN-08

Jobs Reported

18

NAICS Code

531210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

56100.00

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

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

56768.52

Forgiveness Date

07/08/2021

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