PPP Loan information for Budach implement inc

$64,995

Budach implement inc was initially approved for PPP Loan of amount $64,995, the current approved amount is $64,995. The loan was approved on 04/10/2020 by The State Bank of New Richland reported 13 jobs and $64,995 was used to fund payroll.

Budach implement inc is Existing or more than 2 years old

PPP Loan Search / MN / NEW RICHLAND / Budach implement inc

BUDACH IMPLEMENT INC

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BUDACH IMPLEMENT INC

Borrower Address

219 3rd St NE P.O. Box 476

Borrower City

NEW RICHLAND

Borrower State

MN

Borrower Zip

56072-1003

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

64995.00

Current Approval Amount

64995.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38677

Servicing Lender Name

State Bank of New Richland

Servicing Lender Address

103 N Broadway Ave, North

Servicing Lender City

NEW RICHLAND

Servicing Lender State

MN

Servicing Lender Zip

56072

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW RICHLAND

Project County Name

WASECA

Project State

MN

Project Zip

56072-1003

CD

MN-01

Jobs Reported

13

NAICS Code

423820

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

64995.00

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

38677

Originating Lender

State Bank of New Richland

Originating Lender City

NEW RICHLAND

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

65468.02

Forgiveness Date

01/08/2021

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