PPP Loan information for Commercial contractors co. of melrose, inc.

$422,600

Commercial contractors co. of melrose, inc. was initially approved for PPP Loan of amount $425,200, the current approved amount is $422,600. The loan was approved on 04/15/2020 by The Magnifi Financial CU reported 44 jobs and $422,600 was used to fund payroll.

Commercial contractors co. of melrose, inc. is Existing or more than 2 years old

PPP Loan Search / MN / MELROSE / Commercial contractors co. of melrose, inc.

COMMERCIAL CONTRACTORS CO. OF MELROSE, INC.

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

COMMERCIAL CONTRACTORS CO. OF MELROSE, INC.

Borrower Address

631 CENTRAL AVE S

Borrower City

MELROSE

Borrower State

MN

Borrower Zip

56352-1300

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

425200.00

Current Approval Amount

422600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MELROSE

Project County Name

STEARNS

Project State

MN

Project Zip

56352-1300

CD

MN-07

Jobs Reported

44

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2000.00

Payroll Proceed

417600.00

Mortgage Interest Proceed

0.00

Rent Proceed

3000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

425760.82

Forgiveness Date

01/20/2021

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