PPP Loan information for Broking's transport incorporated

$286,600

Broking's transport incorporated was initially approved for PPP Loan of amount $286,600, the current approved amount is $286,600. The loan was approved on 04/15/2020 by The Park State Bank reported 27 jobs and $286,600 was used to fund payroll.

Broking's transport incorporated is Existing or more than 2 years old

BROKING'S TRANSPORT INCORPORATED

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BROKING'S TRANSPORT INCORPORATED

Borrower Address

1407 HIGHWAY 2

Borrower City

GRAND RAPIDS

Borrower State

MN

Borrower Zip

55744-3245

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

286600.00

Current Approval Amount

286600.00

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

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

ITASCA

Project State

MN

Project Zip

55744-3245

CD

MN-08

Jobs Reported

27

NAICS Code

484121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

286600.00

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

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

278105.93

Forgiveness Date

11/03/2020

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