PPP Loan information for Component manufacturing company

$2,243,700

Component manufacturing company was initially approved for PPP Loan of amount $2,243,700, the current approved amount is $2,243,700. The loan was approved on 04/06/2020 by The The First National Bank in Sioux Falls reported 157 jobs and $2,243,700 was used to fund payroll.

Component manufacturing company is Existing or more than 2 years old

COMPONENT MANUFACTURING COMPANY

Date Approved

04/06/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

COMPONENT MANUFACTURING COMPANY

Borrower Address

4104 N 4th Ave

Borrower City

SIOUX FALLS

Borrower State

SD

Borrower Zip

57104-0607

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2243700.00

Current Approval Amount

2243700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66602

Servicing Lender Name

The First National Bank in Sioux Falls

Servicing Lender Address

100 S Phillips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6745

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SIOUX FALLS

Project County Name

MINNEHAHA

Project State

SD

Project Zip

57104-0607

CD

SD-

Jobs Reported

157

NAICS Code

321211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2243700.00

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

Subchapter S Corporation

Originating Lender Location Id

66602

Originating Lender

The First National Bank in Sioux Falls

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2269517.92

Forgiveness Date

06/11/2021

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