PPP Loan information for Cress refrigeration inc.

$60,000

Cress refrigeration inc. was initially approved for PPP Loan of amount $60,000, the current approved amount is $60,000. The loan was approved on 04/10/2020 by The State Bank of Fairmont reported 5 jobs and $60,000 was used to fund payroll.

Cress refrigeration inc. is Existing or more than 2 years old

PPP Loan Search / MN / FAIRMONT / Cress refrigeration inc.

CRESS REFRIGERATION INC.

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CRESS REFRIGERATION INC.

Borrower Address

214 Budd St.

Borrower City

FAIRMONT

Borrower State

MN

Borrower Zip

56031-2903

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60000.00

Current Approval Amount

60000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38050

Servicing Lender Name

State Bank of Fairmont

Servicing Lender Address

918 E Blue Earth Ave

Servicing Lender City

FAIRMONT

Servicing Lender State

MN

Servicing Lender Zip

56031-4036

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIRMONT

Project County Name

MARTIN

Project State

MN

Project Zip

56031-2903

CD

MN-01

Jobs Reported

5

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1100.00

Payroll Proceed

54000.00

Mortgage Interest Proceed

0.00

Rent Proceed

2250.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2650.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38050

Originating Lender

State Bank of Fairmont

Originating Lender City

FAIRMONT

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

60580.00

Forgiveness Date

03/25/2021

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