PPP Loan information for Cordes construction

$30,426

Cordes construction was initially approved for PPP Loan of amount $30,426, the current approved amount is $30,426. The loan was approved on 06/25/2020 by The First Security Bank reported 2 jobs and $30,426 was used to fund payroll.

Cordes construction is Existing or more than 2 years old

CORDES CONSTRUCTION

Date Approved

06/25/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CORDES CONSTRUCTION

Borrower Address

5501 75TH AVE NW

Borrower City

BYRON

Borrower State

MN

Borrower Zip

55920-4110

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

30425.82

Current Approval Amount

30425.82

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36696

Servicing Lender Name

First Security Bank

Servicing Lender Address

316 Byron Ave N

Servicing Lender City

BYRON

Servicing Lender State

MN

Servicing Lender Zip

55920-1480

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BYRON

Project County Name

OLMSTED

Project State

MN

Project Zip

55920-4110

CD

MN-01

Jobs Reported

2

NAICS Code

236115

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1000.00

Payroll Proceed

26425.82

Mortgage Interest Proceed

2000.00

Rent Proceed

1000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

36696

Originating Lender

First Security Bank

Originating Lender City

BYRON

Originating Lender State

MN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

30580.48

Forgiveness Date

12/31/2020

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