PPP Loan information for Carse inc.

$875,000

Carse inc. was initially approved for PPP Loan of amount $875,000, the current approved amount is $875,000. The loan was approved on 02/03/2021 by The Frandsen Bank & Trust reported 150 jobs and $875,000 was used to fund payroll.

Carse inc. is Existing or more than 2 years old

CARSE INC.

Date Approved

02/03/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

CARSE INC.

Borrower Address

2208 4th St

Borrower City

White Bear Lake

Borrower State

MN

Borrower Zip

55110-3011

Loan Status Date

11/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

875000.00

Current Approval Amount

875000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

White Bear Lake

Project County Name

RAMSEY

Project State

MN

Project Zip

55110-3011

CD

MN-04

Jobs Reported

150

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

874997.00

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

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

881041.10

Forgiveness Date

10/25/2021

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