PPP Loan information for Bluff country water corporation

$130,399

Bluff country water corporation was initially approved for PPP Loan of amount $130,399, the current approved amount is $130,399. The loan was approved on 04/14/2020 by The First Farmers & Merchants Bank reported 10 jobs and $130,399 was used to fund payroll.

Bluff country water corporation is Existing or more than 2 years old

BLUFF COUNTRY WATER CORPORATION

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BLUFF COUNTRY WATER CORPORATION

Borrower Address

4909 MOUNDSVIEW DR

Borrower City

RED WING

Borrower State

MN

Borrower Zip

55066-1107

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

130399.00

Current Approval Amount

130399.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39034

Servicing Lender Name

First Farmers & Merchants Bank

Servicing Lender Address

920 4th St South

Servicing Lender City

CANNON FALLS

Servicing Lender State

MN

Servicing Lender Zip

55009-2552

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RED WING

Project County Name

GOODHUE

Project State

MN

Project Zip

55066-1107

CD

MN-01

Jobs Reported

10

NAICS Code

454390

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

32599.00

Payroll Proceed

97800.00

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

Subchapter S Corporation

Originating Lender Location Id

39034

Originating Lender

First Farmers & Merchants Bank

Originating Lender City

CANNON FALLS

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

131554.48

Forgiveness Date

03/10/2021

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