PPP Loan information for Binz bros. well drilling

$41,150

Binz bros. well drilling was initially approved for PPP Loan of amount $41,150, the current approved amount is $41,150. The loan was approved on 04/27/2020 by The Gogebic Range Bank reported 4 jobs and $41,150 was used to fund payroll.

Binz bros. well drilling is Existing or more than 2 years old

BINZ BROS. WELL DRILLING

Date Approved

04/27/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

BINZ BROS. WELL DRILLING

Borrower Address

6400 Odanah Road

Borrower City

Hurley

Borrower State

WI

Borrower Zip

54534

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41150.00

Current Approval Amount

41150.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

262597

Servicing Lender Name

Gogebic Range Bank

Servicing Lender Address

155 E Cloverland Dr

Servicing Lender City

IRONWOOD

Servicing Lender State

MI

Servicing Lender Zip

49938-1227

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hurley

Project County Name

IRON

Project State

WI

Project Zip

54534-0001

CD

WI-07

Jobs Reported

4

NAICS Code

237110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

41150.00

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

Sole Proprietorship

Originating Lender Location Id

262597

Originating Lender

Gogebic Range Bank

Originating Lender City

IRONWOOD

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

41453.27

Forgiveness Date

01/26/2021

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