PPP Loan information for Carstensen contracting, inc

$1,442,815

Carstensen contracting, inc was initially approved for PPP Loan of amount $1,442,815, the current approved amount is $1,442,815. The loan was approved on 04/07/2020 by The First Farmers & Merchants National Bank reported 78 jobs and $1,442,815 was used to fund payroll.

Carstensen contracting, inc is Existing or more than 2 years old

PPP Loan Search / SD / DELL RAPIDS / Carstensen contracting, inc

CARSTENSEN CONTRACTING, INC

Date Approved

04/07/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

CARSTENSEN CONTRACTING, INC

Borrower Address

800 QUARTZITE ST

Borrower City

DELL RAPIDS

Borrower State

SD

Borrower Zip

57022-1818

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1442815.00

Current Approval Amount

1442815.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38337

Servicing Lender Name

First Farmers & Merchants National Bank

Servicing Lender Address

303 E Main St

Servicing Lender City

LUVERNE

Servicing Lender State

MN

Servicing Lender Zip

56156-1901

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DELL RAPIDS

Project County Name

MINNEHAHA

Project State

SD

Project Zip

57022-1818

CD

SD-

Jobs Reported

78

NAICS Code

237990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1442815.00

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

38337

Originating Lender

First Farmers & Merchants National Bank

Originating Lender City

LUVERNE

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1452554.00

Forgiveness Date

12/17/2020

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