PPP Loan information for Blaco machine company

$12,375

Blaco machine company was initially approved for PPP Loan of amount $12,375, the current approved amount is $12,375. The loan was approved on 05/07/2020 by The Stearns Bank National Association reported 2 jobs and $12,375 was used to fund payroll.

Blaco machine company is Existing or more than 2 years old

PPP Loan Search / MN / PINE CITY / Blaco machine company

BLACO MACHINE COMPANY

Date Approved

05/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BLACO MACHINE COMPANY

Borrower Address

153 5th Street SE

Borrower City

PINE CITY

Borrower State

MN

Borrower Zip

55063

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

12375.00

Current Approval Amount

12375.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36581

Servicing Lender Name

Stearns Bank National Association

Servicing Lender Address

4191 2nd St South

Servicing Lender City

SAINT CLOUD

Servicing Lender State

MN

Servicing Lender Zip

56301-3761

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PINE CITY

Project County Name

PINE

Project State

MN

Project Zip

55063-0001

CD

MN-08

Jobs Reported

2

NAICS Code

541690

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

12375.00

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

36581

Originating Lender

Stearns Bank National Association

Originating Lender City

SAINT CLOUD

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

12471.63

Forgiveness Date

02/23/2021

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