PPP Loan information for Chosen valley testing inc

$485,400

Chosen valley testing inc was initially approved for PPP Loan of amount $485,400, the current approved amount is $485,400. The loan was approved on 04/14/2020 by The F & M Community Bank, National Association reported 45 jobs and $485,400 was used to fund payroll.

Chosen valley testing inc is Existing or more than 2 years old

CHOSEN VALLEY TESTING INC

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CHOSEN VALLEY TESTING INC

Borrower Address

1410 7TH ST

Borrower City

ROCHESTER

Borrower State

MN

Borrower Zip

55901-1735

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

485400.00

Current Approval Amount

485400.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

ROCHESTER

Project County Name

OLMSTED

Project State

MN

Project Zip

55901-1735

CD

MN-01

Jobs Reported

45

NAICS Code

541380

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

400000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

80400.00

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

490014.62

Forgiveness Date

03/31/2021

;