PPP Loan information for Carpetown inc

$165,200

Carpetown inc was initially approved for PPP Loan of amount $165,200, the current approved amount is $165,200. The loan was approved on 01/22/2021 by The F & M Community Bank, National Association reported 15 jobs and $165,200 was used to fund payroll.

Carpetown inc is Existing or more than 2 years old

CARPETOWN INC

Date Approved

01/22/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

CARPETOWN INC

Borrower Address

5139 Highway 52 N

Borrower City

Rochester

Borrower State

MN

Borrower Zip

55901-0170

Loan Status Date

03/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

165200.00

Current Approval Amount

165200.00

Undisbursed Amount

0.00

Franchise Name

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

15

NAICS Code

442210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

165195.00

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

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

166874.63

Forgiveness Date

02/02/2022

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