PPP Loan information for Bougalis inc.

$295,300

Bougalis inc. was initially approved for PPP Loan of amount $375,000, the current approved amount is $295,300. The loan was approved on 04/03/2020 by The Park State Bank reported 16 jobs and $295,300 was used to fund payroll.

Bougalis inc. is Existing or more than 2 years old

PPP Loan Search / MN / HIBBING / Bougalis inc.

BOUGALIS INC.

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BOUGALIS INC.

Borrower Address

800 GREYHOUND BLVD

Borrower City

HIBBING

Borrower State

MN

Borrower Zip

55746-1450

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

375000.00

Current Approval Amount

295300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36814

Servicing Lender Name

Park State Bank

Servicing Lender Address

2630 W Superior St

Servicing Lender City

DULUTH

Servicing Lender State

MN

Servicing Lender Zip

55806-1817

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HIBBING

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55746-1450

CD

MN-08

Jobs Reported

16

NAICS Code

532412

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

40160.00

Payroll Proceed

236240.00

Mortgage Interest Proceed

18900.00

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

36814

Originating Lender

Park State Bank

Originating Lender City

DULUTH

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

287289.17

Forgiveness Date

12/17/2020

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