PPP Loan information for Custom medical equipment, llc

$56,000

Custom medical equipment, llc was initially approved for PPP Loan of amount $56,000, the current approved amount is $56,000. The loan was approved on 04/28/2020 by The Park State Bank reported 8 jobs and $56,000 was used to fund payroll.

Custom medical equipment, llc is Existing or more than 2 years old

CUSTOM MEDICAL EQUIPMENT, LLC

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CUSTOM MEDICAL EQUIPMENT, LLC

Borrower Address

1001 S Pokegama Ave, Ste A

Borrower City

GRAND RAPIDS

Borrower State

MN

Borrower Zip

55744-3919

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

56000.00

Current Approval Amount

56000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36814

Servicing Lender Name

Park State Bank

Servicing Lender Address

2630 W Superior St

Servicing Lender City

DULUTH

Servicing Lender State

MN

Servicing Lender Zip

55806-1817

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

ITASCA

Project State

MN

Project Zip

55744-3919

CD

MN-08

Jobs Reported

8

NAICS Code

423450

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4200.00

Payroll Proceed

44800.00

Mortgage Interest Proceed

0.00

Rent Proceed

7000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

36814

Originating Lender

Park State Bank

Originating Lender City

DULUTH

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

56446.44

Forgiveness Date

02/17/2021

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