PPP Loan information for Briese iron works inc

$1,223,000

Briese iron works inc was initially approved for PPP Loan of amount $1,223,000, the current approved amount is $1,223,000. The loan was approved on 04/03/2020 by The Peoples State Bank of Plainview reported 75 jobs and $1,223,000 was used to fund payroll.

Briese iron works inc is Existing or more than 2 years old

BRIESE IRON WORKS INC

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BRIESE IRON WORKS INC

Borrower Address

7010 Dresser Drive NE

Borrower City

ROCHESTER

Borrower State

MN

Borrower Zip

55906-8967

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1223000.00

Current Approval Amount

1223000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38759

Servicing Lender Name

Peoples State Bank of Plainview

Servicing Lender Address

100 4th Ave SE, Ste 6

Servicing Lender City

PLAINVIEW

Servicing Lender State

MN

Servicing Lender Zip

55964-2502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCHESTER

Project County Name

OLMSTED

Project State

MN

Project Zip

55906-8967

CD

MN-01

Jobs Reported

75

NAICS Code

332313

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

25382.00

Payroll Proceed

1101855.47

Mortgage Interest Proceed

0.00

Rent Proceed

28000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

67762.53

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38759

Originating Lender

Peoples State Bank of Plainview

Originating Lender City

PLAINVIEW

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1229801.89

Forgiveness Date

11/03/2020

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