PPP Loan information for Broker exchange network llc

$364,330

Broker exchange network llc was initially approved for PPP Loan of amount $364,330, the current approved amount is $364,330. The loan was approved on 01/27/2021 by The Frandsen Bank & Trust reported 22 jobs and $364,330 was used to fund payroll.

Broker exchange network llc is Existing or more than 2 years old

BROKER EXCHANGE NETWORK LLC

Date Approved

01/27/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

BROKER EXCHANGE NETWORK LLC

Borrower Address

32 7th Ave NE

Borrower City

Rochester

Borrower State

MN

Borrower Zip

55906-4632

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

364330.00

Current Approval Amount

364330.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Rochester

Project County Name

OLMSTED

Project State

MN

Project Zip

55906-4632

CD

MN-01

Jobs Reported

22

NAICS Code

423430

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

364330.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

366354.06

Forgiveness Date

08/25/2021

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