PPP Loan information for Bollig & sons, inc.

$701,500

Bollig & sons, inc. was initially approved for PPP Loan of amount $701,500, the current approved amount is $701,500. The loan was approved on 04/07/2020 by The First Minnetonka City Bank reported 35 jobs and $701,500 was used to fund payroll.

Bollig & sons, inc. is Existing or more than 2 years old

BOLLIG & SONS, INC.

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BOLLIG & SONS, INC.

Borrower Address

11401 COUNTY ROAD 3

Borrower City

HOPKINS

Borrower State

MN

Borrower Zip

55343-7424

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

701500.00

Current Approval Amount

701500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38609

Servicing Lender Name

First Minnetonka City Bank

Servicing Lender Address

14550 Excelsior Blvd

Servicing Lender City

MINNETONKA

Servicing Lender State

MN

Servicing Lender Zip

55345

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOPKINS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55343-7424

CD

MN-03

Jobs Reported

35

NAICS Code

238910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2300.00

Payroll Proceed

637805.00

Mortgage Interest Proceed

0.00

Rent Proceed

35700.00

Refinance EIDL Proceed

0.00

Health Care Proceed

25695.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38609

Originating Lender

First Minnetonka City Bank

Originating Lender City

MINNETONKA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

707910.93

Forgiveness Date

03/09/2021

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