PPP Loan information for Broker exchange network, llc

$420,215

Broker exchange network, llc was initially approved for PPP Loan of amount $420,215, the current approved amount is $420,215. The loan was approved on 04/14/2020 by The Frandsen Bank & Trust reported 26 jobs and $420,215 was used to fund payroll.

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

PPP Loan Search / MN / ROCHESTER / Broker exchange network, llc

BROKER EXCHANGE NETWORK, LLC

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

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

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

420215.00

Current Approval Amount

420215.00

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

26

NAICS Code

454110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

420215.00

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

423471.67

Forgiveness Date

01/26/2021

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