PPP Loan information for Custom solutions manufacturing

$321,400

Custom solutions manufacturing was initially approved for PPP Loan of amount $321,400, the current approved amount is $321,400. The loan was approved on 04/05/2020 by The Choice Financial Group reported 23 jobs and $321,400 was used to fund payroll.

Custom solutions manufacturing is Existing or more than 2 years old

CUSTOM SOLUTIONS MANUFACTURING

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CUSTOM SOLUTIONS MANUFACTURING

Borrower Address

14022 Lincoln St NE

Borrower City

Ham Lake

Borrower State

MN

Borrower Zip

55304-4205

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

321400.00

Current Approval Amount

321400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52934

Servicing Lender Name

Choice Financial Group

Servicing Lender Address

4501 23rd Ave South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8782

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ham Lake

Project County Name

ANOKA

Project State

MN

Project Zip

55304-4205

CD

MN-06

Jobs Reported

23

NAICS Code

332999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

321400.00

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

Corporation

Originating Lender Location Id

52934

Originating Lender

Choice Financial Group

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

323354.82

Forgiveness Date

11/27/2020

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