PPP Loan information for Btu inc

$86,937

Btu inc was initially approved for PPP Loan of amount $86,937, the current approved amount is $86,937. The loan was approved on 04/23/2021 by The First State Bank Southwest reported 10 jobs and $86,937 was used to fund payroll.

Btu inc is Existing or more than 2 years old

PPP Loan Search / MN / Worthington / Btu inc

BTU INC

Date Approved

04/23/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

BTU INC

Borrower Address

341 Oxford St

Borrower City

Worthington

Borrower State

MN

Borrower Zip

56187-1601

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

86937.00

Current Approval Amount

86937.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38811

Servicing Lender Name

First State Bank Southwest

Servicing Lender Address

202 8th Ave SE

Servicing Lender City

PIPESTONE

Servicing Lender State

MN

Servicing Lender Zip

56164-2140

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Worthington

Project County Name

NOBLES

Project State

MN

Project Zip

56187-1601

CD

MN-01

Jobs Reported

10

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

86935.00

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

38811

Originating Lender

First State Bank Southwest

Originating Lender City

PIPESTONE

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

87325.80

Forgiveness Date

10/06/2021

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