PPP Loan information for Carpet one of rochester

$165,300

Carpet one of rochester was initially approved for PPP Loan of amount $165,300, the current approved amount is $165,300. The loan was approved on 04/04/2020 by The F & M Community Bank, National Association reported 40 jobs and $165,300 was used to fund payroll.

Carpet one of rochester is Existing or more than 2 years old

CARPET ONE OF ROCHESTER

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CARPET ONE OF ROCHESTER

Borrower Address

5139 HIGHWAY 52 N

Borrower City

ROCHESTER

Borrower State

MN

Borrower Zip

55901-0170

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

165300.00

Current Approval Amount

165300.00

Undisbursed Amount

0.00

Franchise Name

Carpet One - Association Agreement (Carpet Co-op of America Association)

Servicing Lender Location Id

38766

Servicing Lender Name

F & M Community Bank, National Association

Servicing Lender Address

100 St. Anthony St, North

Servicing Lender City

PRESTON

Servicing Lender State

MN

Servicing Lender Zip

55965-1104

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCHESTER

Project County Name

OLMSTED

Project State

MN

Project Zip

55901-0170

CD

MN-01

Jobs Reported

40

NAICS Code

442210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

11325.00

Payroll Proceed

123975.00

Mortgage Interest Proceed

0.00

Rent Proceed

20000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

10000

Business Type

Corporation

Originating Lender Location Id

38766

Originating Lender

F & M Community Bank, National Association

Originating Lender City

PRESTON

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

166654.10

Forgiveness Date

02/02/2021

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