PPP Loan information for Collins financial ltd

$39,622

Collins financial ltd was initially approved for PPP Loan of amount $39,622, the current approved amount is $39,622. The loan was approved on 04/06/2020 by The Vermillion State Bank reported 3 jobs and $39,622 was used to fund payroll.

Collins financial ltd is Existing or more than 2 years old

COLLINS FINANCIAL LTD

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

COLLINS FINANCIAL LTD

Borrower Address

2000 W Main St

Borrower City

RED WING

Borrower State

MN

Borrower Zip

55066

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

39622.00

Current Approval Amount

39622.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38967

Servicing Lender Name

Vermillion State Bank

Servicing Lender Address

107 E Main St

Servicing Lender City

VERMILLION

Servicing Lender State

MN

Servicing Lender Zip

55085

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RED WING

Project County Name

GOODHUE

Project State

MN

Project Zip

55066-0001

CD

MN-01

Jobs Reported

3

NAICS Code

523930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1192.00

Payroll Proceed

35136.00

Mortgage Interest Proceed

0.00

Rent Proceed

3294.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38967

Originating Lender

Vermillion State Bank

Originating Lender City

VERMILLION

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

36873.27

Forgiveness Date

12/17/2020

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